Price action and chart pattern trading
> Falling wave channel pattern, possible downtrend 3-wave ending diagonal pattern
> Target doubled top zone previous wave 1 - 2 as price rejection is expected, followed by tight candlestick consolidation.
> Entry @ downtrend channel breakout from the consolidation, MACD and RSI bullish signal
> there are other strategies you can use, including using indicators and using patterns like triangle, ABCD , XABCD, and head and shoulders .
Always trade with affordable risk and respect your stoploss, nothing is 100%.
> Falling wave channel pattern, possible downtrend 3-wave ending diagonal pattern
> Target doubled top zone previous wave 1 - 2 as price rejection is expected, followed by tight candlestick consolidation.
> Entry @ downtrend channel breakout from the consolidation, MACD and RSI bullish signal
> there are other strategies you can use, including using indicators and using patterns like triangle, ABCD , XABCD, and head and shoulders .
Always trade with affordable risk and respect your stoploss, nothing is 100%.
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