Use this as a guide to develop your setup:
Main items we can observe on the chart:
a)The price is inside a Wedge Pattern (Main Structure)
b)Wedge Pattern are considered structures that tell us about the end of a current trend and the coming of a reversal movement,
c)Currently, the price is on a critical Support level (124-100) we think that is the zone in which a reversal may occur
d)If that happens, we expect a bullish movement towards the Secondary trendline (yellow dash-dot)
e)There, a corrective Structure may occur, that will be the filter we are looking on, to confirm that a new bullish trend must be coming
Main items we can observe on the chart:
a)The price is inside a Wedge Pattern (Main Structure)
b)Wedge Pattern are considered structures that tell us about the end of a current trend and the coming of a reversal movement,
c)Currently, the price is on a critical Support level (124-100) we think that is the zone in which a reversal may occur
d)If that happens, we expect a bullish movement towards the Secondary trendline (yellow dash-dot)
e)There, a corrective Structure may occur, that will be the filter we are looking on, to confirm that a new bullish trend must be coming
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.
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.