WRX.USD (Y21.P2.E2). Descending Wedge breakout
Hi Traders,
Continuing off from the previous post, we have the story continuing on for WRX as it met its bottom support for this re-accumulation phase.
Now its completed a phase of it, we have an opportunity based on a descending broadening wedge structure and what looks like confirmation, that we have good entrance point.
For the entrance, I would wait for the downward pressure to complete and if the level is still there, look for a bullish candle along with the indicators for confirmation.
All the best,
S.SAri
PREVIOUS POST
Continuing off from the previous post, we have the story continuing on for WRX as it met its bottom support for this re-accumulation phase.
Now its completed a phase of it, we have an opportunity based on a descending broadening wedge structure and what looks like confirmation, that we have good entrance point.
For the entrance, I would wait for the downward pressure to complete and if the level is still there, look for a bullish candle along with the indicators for confirmation.
All the best,
S.SAri
PREVIOUS POST
Komentarz:
Looking into it, its likely the Green line, structure.
Zlecenie aktywne:
main target reached, take 55% profit
Komentarz:
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
