Hello guys,
today Im going to give you a little overview whats in my opinion a falling wedge.
As you can see I marked the first falling wedge as 1# after the long downwards trend in 1# we have seen in the 19920 zone a pullback.
Now its the same game again I belive! In falling wedge 2# weve seen a long downtrend from 42k to 17.3k and we're close to the 19920 zone again thats why I recomend:
Accumulate everything between 17105-19920
Stoploss: ~14589
Take profit you can do at the marked Resistance zones:
R1/TP1: 24090
R2/TP2: 29524
R3/TP3: 35164)