This would be a 3:1 trade on the break out of the ascending triangle / accumulation we have here on the 1HR at the PCZ of a Bullish Gartley. Entry would be above resistance on the break. Money flow is squeezing between 2 narrowing ranges while the RSI begins to flirt with the bullish control zone.
We could very well break the accelerated trend before breaking the resistance and leg down to the lower trend, and thats why this continuation trade is contingent on the break up.
We could very well break the accelerated trend before breaking the resistance and leg down to the lower trend, and thats why this continuation trade is contingent on the break up.