ALGO Confirmed a Bullish Broadening Wedge Pattern
The chart displays a descending Broadening Wedge Pattern, which suggests a potential bullish movement.
ALGO broke out of the descending pattern and could move toward the first target and potentially continue higher.
However we have to be careful because the situation across all markets is not stable yet. Trump is creating a mess with this tariffs and comments.
Overall, this setup indicates a possible bullish movement if everything goes well.
Target Levels:
First target at $0.1932
Second target at $0.2136
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The chart displays a descending Broadening Wedge Pattern, which suggests a potential bullish movement.
ALGO broke out of the descending pattern and could move toward the first target and potentially continue higher.
However we have to be careful because the situation across all markets is not stable yet. Trump is creating a mess with this tariffs and comments.
Overall, this setup indicates a possible bullish movement if everything goes well.
Target Levels:
First target at $0.1932
Second target at $0.2136
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached
ALGO - Target _1 reached
Note
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t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.