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)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.