Recently we broke out of our ascending triangle and began our descent. Now we’re potentially looking at a breakout of the descending channel.
Volume increasing.
Bullish divergence.
Look for confirmation at 8520. However, I’m taking position now for a nice R R.
Good luck with your trades 🤘
Broke out of our ascending channel and began our descent. Now we’re potentially looking at a breakout of the descending channel.
Bullish divergence on the 1H with increasing volume. 8520 would signal a clear break. Taking position now though for a solid R R.
