BULLISH CONTINUATION PATTERN SPOTTED IN NINJA
NINJA ALREADY FORMED a bullish continuation pattern as we can see today there's a descending broadening wedge (DBW). Some people may assume that the DBW is a part of CUP AND HANDLE pattern, nothing wrong about it.
THE SPECULATIVE setup would be around 50% Fibonacci Retracements measured from latest Swing Low to the current High (I assume it gonna form a swing as the price already hit the resistance area). We can wait for a resistance breakout too as its confirms the DBW pattern.
THE SPECULATIVE setup would be around 50% Fibonacci Retracements measured from latest Swing Low to the current High (I assume it gonna form a swing as the price already hit the resistance area). We can wait for a resistance breakout too as its confirms the DBW pattern.
Trade closed: target reached