Boradening wedege pattern breakout.
After blowing my account, i am back to learning.
This is a Broadening Formation for a Descending Wedge pattern. The targets would be 122 and then it can give a breakout.
Feel free to comment.
This is a Broadening Formation for a Descending Wedge pattern. The targets would be 122 and then it can give a breakout.
Feel free to comment.
Note
Also at the moment its trading near to 200 EMA resistance level. It has tried to break this previously but was not successful.
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.
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.