Ezdan = As we note in the chart below, a bullish trumpet is still going inside( Megaphone Pattern) , and because we are talking about a reversal pattern, this means that if the price breaks it down, we will see a strong downward wave
This scenario can be canceled by breaching the descending channel (in pink) on the condition that it exceeds 1.835 in high trading at least two sessions
Good luck traders
This scenario can be canceled by breaching the descending channel (in pink) on the condition that it exceeds 1.835 in high trading at least two sessions
Good luck traders
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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.