My dear reader, here we have a pair that is going bullish for the first time in years... DIABTC.
The relevant pattern for this pattern is the falling wedge. The falling wedge is a bullish reversal pattern and tends to show up at the bottom of a trend.
The bearish trend is long and wide. The falling wedge is a small and steep.
The falling wedge pattern leads to a new All-Time Low, mid-August, and the ATL session produced a long lower wick on low volume.
This week we have a bullish breakout from a small consolidation pattern and the highest buy volume since March 2024. All these are a combination of reversal and bullish signals.
This can translate into the change from a downtrend to an uptrend. An uptrend signals long-term growth. Potential targets on the chart.
Thank you for reading.
Namaste.
The relevant pattern for this pattern is the falling wedge. The falling wedge is a bullish reversal pattern and tends to show up at the bottom of a trend.
The bearish trend is long and wide. The falling wedge is a small and steep.
The falling wedge pattern leads to a new All-Time Low, mid-August, and the ATL session produced a long lower wick on low volume.
This week we have a bullish breakout from a small consolidation pattern and the highest buy volume since March 2024. All these are a combination of reversal and bullish signals.
This can translate into the change from a downtrend to an uptrend. An uptrend signals long-term growth. Potential targets on the chart.
Thank you for reading.
Namaste.
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🎯 LIFETIME Results: t.me/anandatrades/1183
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Penerbitan berkaitan
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.