Possible Reversal
Weekly resistance (pink rectangle with red borderline) + Ascending triangle + Divergence
Only if price breakouts from ascending triangle with a clear price action confirmation and any additional confluence such as Fib, EMA's or S/R levels, I will take this trade.
Adjust your SL and entry accordingly to your own risk and strategy.
All comments are appreciated!
Om Shanti Om!
Only if price breakouts from ascending triangle with a clear price action confirmation and any additional confluence such as Fib, EMA's or S/R levels, I will take this trade.
Adjust your SL and entry accordingly to your own risk and strategy.
All comments are appreciated!
Om Shanti Om!
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