falling wedge !!!
i like entries on breakouts and retest ,its the safest way ,
i see in this chart a clear falling wedge formation witch indicates a bullish continuation ,
possible scenarios:
1 - break out then continuation up to the 2000
2 reacting to the resistance and following the channel further down ,
possible sells under 17600 meaning that it reacted to resistance
possible buys after break out of 1854 witch means falling wedge is respected ,
enjoy the content ,drop a like and a comment ,
follow me to not miss any ideas , thanks in advance ,
if you have any feedbacks please comment because I am still leaning and I appreciate your help
i see in this chart a clear falling wedge formation witch indicates a bullish continuation ,
possible scenarios:
1 - break out then continuation up to the 2000
2 reacting to the resistance and following the channel further down ,
possible sells under 17600 meaning that it reacted to resistance
possible buys after break out of 1854 witch means falling wedge is respected ,
enjoy the content ,drop a like and a comment ,
follow me to not miss any ideas , thanks in advance ,
if you have any feedbacks please comment because I am still leaning and I appreciate your help
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.