I am posting both bullish and bearish ideas.
Bullish scenario:
Looking for a breakout from the falling wedge and then I'll open the position right after a green candle is confirmed on the retest of the trendline.
Bearish scenario:
If price is rejected from the trendline (with a confirmed red candle) I will open a short position.
Bullish scenario:
Looking for a breakout from the falling wedge and then I'll open the position right after a green candle is confirmed on the retest of the trendline.
Bearish scenario:
If price is rejected from the trendline (with a confirmed red candle) I will open a short position.
Trade closed: target reached
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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.
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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.