This is by no means a picture perfect pattern but im going to jump in.
1) Falling triangle right on a good support/resistance level 2) break out of triangle near support line (momentum candle) 3) Retest and rejection of support 4) MACD showing a lot of bullish intent on histogram and the MACD line is about to cross the zero line which requires significant momentum. Also, a recent MACD crossover gives some confirmation of bullish intent
= change of bearish structure and conversion to bullish structure
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.