One of the most consistent bearish patterns descending triangle is finished. Sellers dominating, let's go down
Price action starting to form a Bearish Wolf wave pattern. Along 3 and 4 points of interest a bullish order block is formed. If the price keeps on bouncing on order block without any significant pump until it reaches point 4, which is also a trend line, we should see strong shot up to upper trend line, point 5. Bullish flag pattern indicates that as well. Then a...
OM 1H chart possibly finishing BULLISH falling wedge pattern. It has found a solid ground inside of Fib golden level, already did a retest, has a contact with EMA 200, Buy Order block is present so demand is strong at this level. Overall we have 5 concenssus that supports the Idea of price stabilization and consolidation. In my opinion Ideally the price will...
Bearish Descending tringle pattern turns into bullish Falling wedge pattern. If bottom line and FIb golden lvl holds, we should go long. Bear in mind that according to pattern rules it suppose to have one more correction downward so pay attention