Snenario 1 Potential double Top- Buy 60% Snerario 2 bearish rising wedge Structure - Sell 40% Trade at your own risk. Don't forget to sl to cut the bleeding. Careful Traders.
Not financial advice. What do you think of my analysis? comment down yours. Ride the Bull or Fight the Bear? Good luck Traders.
My point of View. What you think? comment down below. Good luck traders.
The triple top trading pattern is a technical analysis pattern observed in financial markets, particularly in chart analysis. It is considered a reversal pattern, indicating a potential change in trend from bullish to bearish. The triple top pattern occurs after an uptrend and consists of three peaks at approximately the same price level. The highs between the...
A rising wedge consists of two trendlines that are slanting upwards, forming a converging pattern. The upper trendline (resistance line) connects the higher highs, and the lower trendline (support line) connects the higher lows. Despite the rising price trend, the formation of a rising wedge suggests weakening momentum. Traders interpret the pattern as a...
Short Term. 3 - 5 days set up. Always put sl on your trade. Trade responsibly. Dont RUsh market is always there. Haste is waste and Patience is power. Goodluck traders