Hi Traders,
Continuing off from the previous post, we have the story continuing on for WRX as it met its bottom support for this re-accumulation phase.
Now its completed a phase of it, we have an opportunity based on a descending broadening wedge structure and what looks like confirmation, that we have good entrance point.
For the entrance, I would wait for the downward pressure to complete and if the level is still there, look for a bullish candle along with the indicators for confirmation.
All the best,
S.SAri
PREVIOUS POST
Continuing off from the previous post, we have the story continuing on for WRX as it met its bottom support for this re-accumulation phase.
Now its completed a phase of it, we have an opportunity based on a descending broadening wedge structure and what looks like confirmation, that we have good entrance point.
For the entrance, I would wait for the downward pressure to complete and if the level is still there, look for a bullish candle along with the indicators for confirmation.
All the best,
S.SAri
PREVIOUS POST
Note
Looking into it, its likely the Green line, structure.Trade active
main target reached, take 55% profitNote
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.