Descending triangle along a potential reversal area.
Hidden bullish divergence on the Weekly MACD.
Stop = Below potential reversal area
1st Target = Resistance
2nd Target = Resistance
3rd Target = 0.236 fib extension
Hidden bullish divergence on the Weekly MACD.
Stop = Below potential reversal area
1st Target = Resistance
2nd Target = Resistance
3rd Target = 0.236 fib extension
Comment:
failed trade - stop loss too tight