Descending triangle along a potential reversal area.
Hidden bullish divergence on the Weekly MACD.
Stop = Below potential reversal area
1st Target = Resistance
2nd Target = Resistance
3rd Target = 0.236 fib extension
Hidden bullish divergence on the Weekly MACD.
Stop = Below potential reversal area
1st Target = Resistance
2nd Target = Resistance
3rd Target = 0.236 fib extension
Note
failed trade - stop loss too tight
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.