Time frame: 4h
S RSI: Oversold
Ema´s just about to cross and show a trend change.
Other detail: declining volume since the formation of the triangle.
Triangle formed showing next target.
Also we can see a Reversal Head & Shoulders formed and if you will also it could be a C&C pattern (all bullish indicators).
It is better wait to the breaking of the triangle for a safer entry.
S RSI: Oversold
Ema´s just about to cross and show a trend change.
Other detail: declining volume since the formation of the triangle.
Triangle formed showing next target.
Also we can see a Reversal Head & Shoulders formed and if you will also it could be a C&C pattern (all bullish indicators).
It is better wait to the breaking of the triangle for a safer entry.