PENDLE in Beast Mode but D rising wedge into W resistance
D rising wedge into resistance.looking for a W Lower high.
I still took a lDaytrade Long here at the H rounding bottom for a 4h HL as its retesting prior Value area highs. - but I dont think BULLS have enough steam to take out W resistance.
Often its better to get consolidation under ATH resistance and find new buyers and then attack resistance and thats the psychology of a cupnhandle patttern.
We usually assume there are some short stops above the resistance.
lets see.
D rising wedge into resistance.looking for a W Lower high.
If this doesn´t work the W Cunhandle would be nice in 4h OS and FIB .382 area.
I have 4 TImeframes open and I suggest you try the same.
I still took a lDaytrade Long here at the H rounding bottom for a 4h HL as its retesting prior Value area highs. - but I dont think BULLS have enough steam to take out W resistance.
Often its better to get consolidation under ATH resistance and find new buyers and then attack resistance and thats the psychology of a cupnhandle patttern.
We usually assume there are some short stops above the resistance.
lets see.
D rising wedge into resistance.looking for a W Lower high.
If this doesn´t work the W Cunhandle would be nice in 4h OS and FIB .382 area.
I have 4 TImeframes open and I suggest you try the same.