Hello,
we are lookin here for a sell configuration. The price is hitting a strong resistance level and the historic trend line getting close of the resistance level making it a ascending triangle that could make the price flying up.
And the other way, the price hiting the two limits (resistance & trendline) can tell us the price may go down, considere a short position only if the prince breaks into the VWAP.
we are lookin here for a sell configuration. The price is hitting a strong resistance level and the historic trend line getting close of the resistance level making it a ascending triangle that could make the price flying up.
And the other way, the price hiting the two limits (resistance & trendline) can tell us the price may go down, considere a short position only if the prince breaks into the VWAP.