HTF: Big HeadnShoulders forming and expanding wedge structure
-> Wait for Top-Formation
LTF: Massive Run into long-term resistance within a rising wedge
(bearish reversal pattern)
Plan: Look for a break of the wedge, wait for a continuation correction on the lower time frame and then attack
Duration: Potentially, 2-4 weeks
Good Luck!
-> Wait for Top-Formation
LTF: Massive Run into long-term resistance within a rising wedge
(bearish reversal pattern)
Plan: Look for a break of the wedge, wait for a continuation correction on the lower time frame and then attack
Duration: Potentially, 2-4 weeks
Good Luck!
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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.
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.