לונג
Ascending Triangle on US100
Hi traders, This is UTLIMATETRADERKAT well as you can see the overall trend is bullish and we have now reached a major resistance level. The pressure of sellers is strong at this level and we can confirm this because the market has just respected this level for the third time. but if you look ahead we have formed an "ASCENDING TRIANGLE" on the hourly time frame if we break this level of resistance and wait for a retest + confirmation we might be on a very long ride to the upside.
Adding to this hypothesis I've also spotted a rising wedge on the 30 minute time frame. This is for those who want to sell right after it breaks + retest below and take advantage of the pullback before we launch to the upside.
Goodluck traders!!!!!!!! let's kill the Markets next week and use proper RISK MANAGEMENT
Adding to this hypothesis I've also spotted a rising wedge on the 30 minute time frame. This is for those who want to sell right after it breaks + retest below and take advantage of the pullback before we launch to the upside.
Goodluck traders!!!!!!!! let's kill the Markets next week and use proper RISK MANAGEMENT
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