• Triangle formation with a decreasing volume to the end of the formation
• Negative outbreak in the last trading session
• Outbreak not supported by higher volume, which is a weak signal for the outbreak
• MACD continuation looks weaker for the next trading sessions, which could support the outbreak
• The next trading sessions will show if the outbreak will be...
• Triangle formation with a decreasing volume to the end of the formation
• Do we see soon a positive outbreak?
• Slightly increasing RSI but still under 50
• If we see a positive triangle outbreak price target appr. at CHF 656 which is close to the 50% Fibonacci Retracement
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
