


davortex
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0Joined Nov 8, 2017
trendanalysis
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Ascending wedge keeps forming perfectly. Volume by price also indicates reversal at 17k.
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Ascending wedge is building up. Both 1hr and 2hr timeframes show higher high on the price and lower high on the squeeze indicator. Volume by price at about 15,900 shows a decrease in trading volume. Looks like a retracement is possible at this point. It's only my first week learning TA. Constructive critisim is much appreciated.
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The black line indicates drop in volume, possibly a time to take profits at around 16,900 and wait for a dip to buy back in?
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Higher low on the price, lower low on the indicator.
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