A rising wedge confirmed by MACD divergence.
There are two methods that can be leveraged to identify the Rising Wedge Pattern:
Identifying Rising Wedges Using Geometry
Identifying Rising Wedges Using Technical Indicators like as MACD.
As you see, both are happening here.
There are two methods that can be leveraged to identify the Rising Wedge Pattern:
Identifying Rising Wedges Using Geometry
Identifying Rising Wedges Using Technical Indicators like as MACD.
As you see, both are happening here.
Trade closed: target reached
taking profit in short trade
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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.
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.