Long
Facebook 1H long
Facebook is in a strong uptrend (see the EMA200). Recently price dropped and a falling-wedge-pattern formed.
Now there is a bullish jeddingen divergence (price vs. momentum) - that might indicate the end of the short-term downtrend and the continuation of the long-term uptrend - especially when price breaks out of the wedge.
Now there is a bullish jeddingen divergence (price vs. momentum) - that might indicate the end of the short-term downtrend and the continuation of the long-term uptrend - especially when price breaks out of the wedge.
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⚡ ProDivergence buy.stripe.com/3cs14e15h6FiaBy6oo
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
Related publications
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.