Hello all, I am very new in the whole trading world and started recently with the whole Technical Analysis side. And man there are soo many information available I just can't keep up haha!
Here I think an Ascending Triangle can be seen. The flat resistance is hit multiple times and the more times this resistance line is tested it will eventually fail to hold that resistance level. Second is the rising support trendline. Here you can see the connection of the succesfull higher lows inside the triangle formation.
I have also made a prediction for the target price for because of the bullish trendline position.
What do you guys think of my TA? There are many rooms for my improvements and I would like to know what these are =)
Thanks in advance!
Here I think an Ascending Triangle can be seen. The flat resistance is hit multiple times and the more times this resistance line is tested it will eventually fail to hold that resistance level. Second is the rising support trendline. Here you can see the connection of the succesfull higher lows inside the triangle formation.
I have also made a prediction for the target price for because of the bullish trendline position.
What do you guys think of my TA? There are many rooms for my improvements and I would like to know what these are =)
Thanks in advance!