AWHCL trading a little above life low and charts are signaling bullish reversal.
it has formed a falling wedge pattern and a breakout with good momentum is done.
now if it breaks the previous consolidated range/ or say previous swing high and managed to close a daily candle above 300 price then we can initiate new long position and the time frame...
🔰 MY thought process :
⭐After a good breakout and reversal on the D chart now this beauty is moving towards ATMs
⭐I see a good 1hr channel pattern here opening upwards
⭐A very decent trading setup would be activated when it touches the 1hr support zones ( the lower line of the channel I made) and makes a bullish candlestick pattern :)
⭐Trade type: swing...