Hi Traders,
This formation is so far aligned with a continuation pattern.
The 3rd target is the macro resistance trendline.
With contracting triangles, we have a number of models.
As per the chart, I have outlined the most common.
However this also aligns so far with the wyckoff distribution as well.
Please give me a like and share,
Regards,
S.SAri
Note the RSI for the bullish signal
This formation is so far aligned with a continuation pattern.
The 3rd target is the macro resistance trendline.
With contracting triangles, we have a number of models.
As per the chart, I have outlined the most common.
However this also aligns so far with the wyckoff distribution as well.
Please give me a like and share,
Regards,
S.SAri
Note the RSI for the bullish signal
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.