potential buy. i can see a symmetrical triangle wedge pattern which indicates a breakout, in the buyers favour.just waiting for reversal as sellers are in control at the minute. hoping it will hit the support rectangle within the wedge and then reverse, i also notice a strong W pattern forming, clear on the 4h chart which indicates to me a strong bounce in the buyers favour, but if not will wait for the sellers to break through the rectangle and hopefully bounce of the lower trend line, resulting in a potential entry
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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.