Falling wedge detected. Price already break out from upper trendline of the wedge, this is an indication for potential change of trend.
The area shown on the chart for buy back is a good area for accumulation having in mind the profit zone as indicated.
The area shown on the chart for buy back is a good area for accumulation having in mind the profit zone as indicated.
Trade active
Price has successfully reached the medium target zone before experiencing a sharp decline, retesting the accumulation zone. If this zone fails to hold as support, further downside is expected, driving price toward the external demand zone, as illustrated on the chart. Conversely, the bullish scenario remains valid if price respects the re-accumulation zone, maintaining upward momentum.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.