Price has reached the median line of a long term pitchfork and it's moving into a wedge pattern. In MACD we have a bearish divergence which shows we may soon have a reversal. So we keep a closer eye for price to break below the wedge and look for a sell setup to complete.
I will update this post with exact entry point, stoploss and profit targets, so like to follow to get notified..
I will update this post with exact entry point, stoploss and profit targets, so like to follow to get notified..
Kommentera:
Price broke below the wedge. But don't sell beacuse of that. Wait for a sell setups to comlete based on your strategy. I will update if i identify a setup