RLC forming strong patterns
RLC has formed a rising wedge with a triple top pattern, which is a strong indicator for a dump, when we saw a triple top pattern we could say that dropping is in favor, but when that is combined with a rising wedge then shorting the Asset is very nice.
NOTE: always DYOW, be cautious to place STOP LOSSes and trade your own personality.
NOTE: always DYOW, be cautious to place STOP LOSSes and trade your own personality.
Trade closed: target reached
The first target has been hit strongly!
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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.