Price action and chart pattern trading setup: > Falling Wedge pattern with bullish divergence signal > A possible dump & pump at volume profile point of control VP-POC? > Entry @ Falling Wedge Breakout? > 1st target @ upper resistance of parallel channel zone B and D position - upside +15% / +25% > Stop-loss @ C position zone - downside -7 /- 10% > Risk Reward Ratio : 2:1 for short term trade.
Indicator: > Smart money volume support X1.8 - 2 > Banker chip entry signal > Fund flow bullish reversal pattern > BBD bullish divergence just below baseline zero. > KDJ stochastic bullish divergence coming out of oversold zone
Always trade with affordable risk and respect your stop loss.
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