Simples... Nice run up into HTF resistance so expect pullback and price action painting a descending triangle. I could go into far greater detail but where's the fun in that! Accountability.
XETR:RRU My current trade - Entry at around 1€ #DYOR *This chart is not a buy/sell recommendation.
Decision: Long. Longterm Accumulation. Ticker: RR Entry: 1.05
This post is to demonstrate a variety of trading techniques and relationships amongst similar patterns. Although this is focused on RYCEY, I provide reference to RTX as a representation of airline engine manufacturing and reference the 2018 BTC consolidation. Lately I've been studying the Wyckoff Distribution and found eerie similarities that are worth sharing. ...