This looks like a potential 1:17.5 risk to reward ratio. The major trend is, and it looks like it shows the right signs for continuation up.
The pattern acending channel and falling wedge pattern are combined to make the probability higher for buys.
The pattern acending channel and falling wedge pattern are combined to make the probability higher for buys.
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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.