Hello everyone
We have a uptrend from march 2020
and we might have a possible uptrend channel that we want to make sure Price respect it
On start of SEP 2020 price has broken this uptrend channel but couldn't go up more after a retest of the broken uptrend channel
and price got sold but however found support and it seems now it is forming a wedge and it is waiting for a breakout
last week price has respected the uptrend trend line of the channel
and now we may head to retest the wedge for breakout of reverse
Our plan is to see reversal in shorter time frame from the wedge lower trend line or if wedge breakout we wanna short targeting the lower trend line of the channel
and next plan is to see the price action when it touch the lower trend line of the channel for a big Reversal
for any question feel free to ask :)
watch chart key notes for more detail
We have a uptrend from march 2020
and we might have a possible uptrend channel that we want to make sure Price respect it
On start of SEP 2020 price has broken this uptrend channel but couldn't go up more after a retest of the broken uptrend channel
and price got sold but however found support and it seems now it is forming a wedge and it is waiting for a breakout
last week price has respected the uptrend trend line of the channel
and now we may head to retest the wedge for breakout of reverse
Our plan is to see reversal in shorter time frame from the wedge lower trend line or if wedge breakout we wanna short targeting the lower trend line of the channel
and next plan is to see the price action when it touch the lower trend line of the channel for a big Reversal
for any question feel free to ask :)
watch chart key notes for more detail
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.