Just broke out of falling wedge along horizontal support.
Daily hidden bullish divergence on the MACD.
Hidden bullish divergence confirmed on the 4hr MACD and RSI
Weekly hidden bullish divergence could develop on the MACD.
Stop (1st Target) = Under horizontal support
Stop (2nd Target) = Below gap fill
1st Target = 50% retracement
2nd Target = Measured move of the falling wedge
Daily hidden bullish divergence on the MACD.
Hidden bullish divergence confirmed on the 4hr MACD and RSI
Weekly hidden bullish divergence could develop on the MACD.
Stop (1st Target) = Under horizontal support
Stop (2nd Target) = Below gap fill
1st Target = 50% retracement
2nd Target = Measured move of the falling wedge
Note
Failed Trade
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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.