ANALYSIS 🔎
- TVKBUSD was bounded in the descending triangle (DT) pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle (AT) pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry : breakout above the ascending triangle's horizontal resistance.
- limit entry : test of the ascending triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
- TVKBUSD was bounded in the descending triangle (DT) pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle (AT) pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry : breakout above the ascending triangle's horizontal resistance.
- limit entry : test of the ascending triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.