Falling Wedge Pattern

7 de mai. de 2023

What do you think about this setup?
A very similar setup appeared on the same support a few days earlier. Prices are near an important support area. I will take Long only if:
1.Prices will breakup triangle - 1h/4h
2. We will have pull back to breakup level as test of breakout
3. Volume confirmation on smaller time frame after pull back - 15-60min

Follow for updates!
VolumeDayTrader

8 de mai. de 2023

Nota

the scenario for entering the transaction did not work, the next level to open Long 0.85