Wait for break up of accumulated (Strong Resistances) or (wedge weaker Support)
Then enter the trade with mentioned breakout levels.
Bulls Points:
1. HHHL
2. Double bottom pattern
3. No Divergence
Bears Points:
1. Rejection from 4 times respected Resistance
2. Rejection from 0.382 Resistance
3. Rising wedge pattern
4. Rejection 100 moving average
5. Oversold Position
Then enter the trade with mentioned breakout levels.
Bulls Points:
1. HHHL
2. Double bottom pattern
3. No Divergence
Bears Points:
1. Rejection from 4 times respected Resistance
2. Rejection from 0.382 Resistance
3. Rising wedge pattern
4. Rejection 100 moving average
5. Oversold Position
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.