- bullish divergence forrming at a critcal level. -oversold. -possibly retesting the wedge support.
-Strong weekly/monthly resistacne level -Forming a double bottom - There is also a nice ABCD pattern forming (green arrow representing CD) - falling wedge with the critcial distace 55-65% intersecting with double bottom. - the 0.3821 level is made up of the kneckline resistance/channnel resistance and weekly support from march last year. -This could be a very...
I see a double bottom W formation forming. A falling wedge which is converging also intersects with the bottom at around the typical critical point 55-65% in a wedge.
symetrical wedge forming, Im aiming for 139.619 tp then enter a long position at that point. please if you have feedback dont hesitate.