BlackTygaTrades

BlackTygaTrades

After a strong downward rally, price took a break in the form of a rising channel . The price fails to make a higher highs and consolidates instead at the lower section of the channel just before breaking out of both the channel and consolidation. A possible stunning entry could arise upon retest of the zone area which is the support zone of consolidation, the...

BlackTygaTrades

After a strong downward rally, price took a break in the form of a rising channel or flag. The price in the channel touches the lower boarder of the channel multiple times before a sharp bullish movement which was unable to form a new higher high, showing loss of bullish momentum. Price then reversed to break out of the channel and is now moving back to retest the...

BlackTygaTrades

Strong support with multiple touches and retest of both upper and lower trend line of the triangle signaling a possible bullish move to the target price of 1797.770 with stop loss of 1773.804 and a RR of 1:2. The signal was confirmed after the formation of the 3 white soldiers candle formation