Looking into the 5mins time frame, a potential rising wedge formation can be spotted which is an indicator of a reversal pattern and signaling a short/bearish movement.
Additionally, a tested level of resistance on timeframes (5mins, 15mins, 1 hour). Risk:Reward is favorable in this scenario.
Additionally, a tested level of resistance on timeframes (5mins, 15mins, 1 hour). Risk:Reward is favorable in this scenario.
İşlem kapandı: hedefe ulaştı:
Rising Wedge Formation successful formed and short play has happened.