Ascending Triangle, Confirmed
Pros:
Descending volume during formation
Peak volume at break out
PPS above 50MA and 200MA
250RSI above 50
RS ascending and above 0
ATR ascending, more volatility
R/R ratio above 16
Cons:
200MA descending
Targets:
PT1 = 38.50$, filled
PT2 = 41.76$, filled
PT3 = 44.92$
PT4 = 50.53$
Pros:
Descending volume during formation
Peak volume at break out
PPS above 50MA and 200MA
250RSI above 50
RS ascending and above 0
ATR ascending, more volatility
R/R ratio above 16
Cons:
200MA descending
Targets:
PT1 = 38.50$, filled
PT2 = 41.76$, filled
PT3 = 44.92$
PT4 = 50.53$
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.
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.