KCS - Wait For The Bulls! ↗️

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

KCS is currently stuck inside a range in the shape of a rising broadening wedge pattern in red.

Now KCS is approaching the lower bound of the range.

As per my trading style:
As KCS approaches the lower red trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

🏹 Long-Term
For the bulls to over from a long-term perspective, we need a break above the range upward.

Which scenario do you think is more probable and why?

📚Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich