Hello pro's,
Here we have 3 scenarios that we should consider. We are in a wedge pattern so the main trend is bearish.
I suggest you to chose your team depending on this guidance.
If zone A gets broken, wait for a candlestick pattern for confirmation then enter into the buy transaction..
Same goes under zone B: If price breaks it, it will surely retest resistance, in this case wait the pattern confirmation.
In my opinion this scenario is happening and i like to go with the price. Just go with the flow.
C goes for breaking the support and a retest + cobined divergence on lower timeframe wich will result in a short move.
Remember, this is not the buttom.
If your analyse match mine, or atleast you embrace this type of analyse drop a like or a comment.
Feel free to show me your charts.
Have a profitable week!
Here we have 3 scenarios that we should consider. We are in a wedge pattern so the main trend is bearish.
I suggest you to chose your team depending on this guidance.
If zone A gets broken, wait for a candlestick pattern for confirmation then enter into the buy transaction..
Same goes under zone B: If price breaks it, it will surely retest resistance, in this case wait the pattern confirmation.
In my opinion this scenario is happening and i like to go with the price. Just go with the flow.
C goes for breaking the support and a retest + cobined divergence on lower timeframe wich will result in a short move.
Remember, this is not the buttom.
If your analyse match mine, or atleast you embrace this type of analyse drop a like or a comment.
Feel free to show me your charts.
Have a profitable week!
