falling wedge !!!
i like entries on breakouts and retest ,its the safest way ,
i see in this chart a clear falling wedge formation witch indicates a bullish continuation ,
possible scenarios:
1 - break out then continuation up to the 2000
2 reacting to the resistance and following the channel further down ,
possible sells under 17600 meaning that it reacted to resistance
possible buys after break out of 1854 witch means falling wedge is respected ,
enjoy the content ,drop a like and a comment ,
follow me to not miss any ideas , thanks in advance ,
if you have any feedbacks please comment because I am still leaning and I appreciate your help
i see in this chart a clear falling wedge formation witch indicates a bullish continuation ,
possible scenarios:
1 - break out then continuation up to the 2000
2 reacting to the resistance and following the channel further down ,
possible sells under 17600 meaning that it reacted to resistance
possible buys after break out of 1854 witch means falling wedge is respected ,
enjoy the content ,drop a like and a comment ,
follow me to not miss any ideas , thanks in advance ,
if you have any feedbacks please comment because I am still leaning and I appreciate your help
Penafian
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