As we can see the market-tested many times the support line which means the market is preparing for a bullish trend
My idea is that if the market breaks the vwap with a significant volume we should BUY NQ1
Check the comments for Updates ;)
A symmetrical triangle is drawn, which, by the way, can be a continuation of a downtrend and thereby confirm the figure of "Downtrend Pennant." But let's not talk about the bad. It is likely that this "Symmetrical" triangle that is drawn is tried up.
The goal is the first resistance to the height of the widest part of the triangle. The target and the percentage...
Litecoin is in a small uptrend in the “Expanding” (diverging) triangle. The global trend is downward. Important pivot points and levels of the first movements I depicted on the chart.
Features to which you should pay attention when forming this model of a figure.
1) There must be a minimum of 4 points of contact 2 touches...
we can see a strong impulse.
We see some bearish price action at the Resistance.
ALso NZDxxx pairs at support levels.
would look for a Swing opportunity.
so if you find an entry use low risk.
look for entrys in lower TF.
We maybe see a double top first
