Sorry for messy chart. Just had a coffee and noticed this. So much weekend chop and stop hunting though so watch out.
Basically it's a pretty clear bullish wedge and bullish divergence on the 1H. Target is at or above the overhead resistance at 2.95, where we could create a triple top or break through by printing an ascending triangle and consolidating at the high. Preferably would like to see a high on the RSI and a bull flag.
Don't forget to leave a like!
-Love Etch
Basically it's a pretty clear bullish wedge and bullish divergence on the 1H. Target is at or above the overhead resistance at 2.95, where we could create a triple top or break through by printing an ascending triangle and consolidating at the high. Preferably would like to see a high on the RSI and a bull flag.
Don't forget to leave a like!
-Love Etch
Kommentera:
broken first resistance already
Kommentera:
Update: Still in position. Waiting for breakout of this triangle. Moved stop loss to entry.
Kommentera:
Weekends...
Kommentera:
I should mention that triangle became a bigger one, but will probably have no validity and continue in this big flag, range of 4c. Support 2.84 resistance 2.89
