we can see a falling wedge that is begging to form here, not much to say as the chart indicates where all the major level of resistance lie, as well as where price is expected to move, do your own analysis before jumping into this trade. and I can finally cash out of this trade since the markets have been moving very slowly these past few months
Note
We want the price to be over sold again and we can see a head and shoulder pattern that has formed on the rsi so we can can also see the critical area of resistance too so it has hit its reversal zone if it can push past this then we should buy other wise sell until profit zone is hit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.