Have been watching this pattern set up for awhile now. We are very overextended from the 1hr 50 ema as well for extra confluence.
Price has broken the bigger pattern 3 touch trend line slightly getting us into an extremely good value area, and approaching another key 3 touch trend line.
At previous key areas we had on watch we never got an entry pattern however it appears we may finally be getting one now.
We have a mini 3 touch ascending channel forming at the end of this corrective ascending nature.
Will be looking for one final move up and over ride creating a 123 mini ascending with a middle section.
If we fail to get the move up and over ride, i will be looking to enter on the first flag.
Price has broken the bigger pattern 3 touch trend line slightly getting us into an extremely good value area, and approaching another key 3 touch trend line.
At previous key areas we had on watch we never got an entry pattern however it appears we may finally be getting one now.
We have a mini 3 touch ascending channel forming at the end of this corrective ascending nature.
Will be looking for one final move up and over ride creating a 123 mini ascending with a middle section.
If we fail to get the move up and over ride, i will be looking to enter on the first flag.
FREE Youtube Foundation series
youtu.be/7kA0RozUQTU
WEBSITE
empirefx.com.au/
INSTAGRAM
instagram.com/empirefx_official/
Telegram
t.me/Empir3_FX
youtu.be/7kA0RozUQTU
WEBSITE
empirefx.com.au/
instagram.com/empirefx_official/
Telegram
t.me/Empir3_FX
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FREE Youtube Foundation series
youtu.be/7kA0RozUQTU
WEBSITE
empirefx.com.au/
INSTAGRAM
instagram.com/empirefx_official/
Telegram
t.me/Empir3_FX
youtu.be/7kA0RozUQTU
WEBSITE
empirefx.com.au/
instagram.com/empirefx_official/
Telegram
t.me/Empir3_FX
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.