Possibly a 3 entry point, 2 buys and one Sell. A 5-0 pattern is being formed inside of a pennant, still, there is the Gap highlight above to be fully filled, the 200MA 1h is holding well so far, the VWap also is holding as support and the volume profile strongest base is just under the last candle, let's see GL, please note I use multiple time frames on my analysis and all lines are supposed to be there, Good luck and any question please don't hesitate to ask, have fun 🤗
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Good morning guys, we are just about to complete the c leg of the 5-0 pattern at 803, mind you this is the minimum parameter for this pattern with the extension highlighted on the green box, also bear in mind we are inside of a rising wedge which theoric limits the upside till its ends, lets see wish you all success, GL
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Please note, the chart is a bit different as I have to adjust accordingly, but the parameters are the same
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Also, the D leg will be adjusted with the upper level accordingly...
Trade closed: stop reached