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Descending Triangle + Bullish Divergence = Confluence
Hi All,
On the 4hr chart we see a CMF bullish divergence which could be an indication that Aragon is preparing to break out from it's descending triangle and head back up to retest the previous highs.
There's a good Risk Reward ratio even with a conservative stop loss, I'd usually have this tighter but we're seeing big volatility at the moment.
Feel free to leave feedback on the idea
Blockbullder.
On the 4hr chart we see a CMF bullish divergence which could be an indication that Aragon is preparing to break out from it's descending triangle and head back up to retest the previous highs.
There's a good Risk Reward ratio even with a conservative stop loss, I'd usually have this tighter but we're seeing big volatility at the moment.
Feel free to leave feedback on the idea
Blockbullder.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。