After forming and breaking out of a small falling wedge Pa has hit targets and is now at resistance
Pa could be considered to be in a Cup&Handle reversal formation while inside a ascending triangle,
-While both are bullish formations there has not been a market structure break by making a HTF BOS and until it does your best entry is to buy the lower trendline support of the triangle
-Momentum is slowing down and divergent on this last high
‣If the BOS occurs then looks for a retest confirmation entry with targets to daily and fib resistance ($107-$111) and or weekly level ($128)
Pa could be considered to be in a Cup&Handle reversal formation while inside a ascending triangle,
-While both are bullish formations there has not been a market structure break by making a HTF BOS and until it does your best entry is to buy the lower trendline support of the triangle
-Momentum is slowing down and divergent on this last high
‣If the BOS occurs then looks for a retest confirmation entry with targets to daily and fib resistance ($107-$111) and or weekly level ($128)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.