Visible patterns:
Pennant:
Wolfe Wave:
Pennant:
- Pennant occurring after breaking out of falling wedge.
- Measured move scenario shown in cyan.
Wolfe Wave:
- Fakeout below bottom trendline occurred, with volume growing.
- Stochastics (crossed) and RSI both in oversold areas for the fakeout.
Note
inverted H&S
Note
Note
H&S and triangle breakout targets achieved.
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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.