Howdy! The daily frame showed an inverted hammer candlestick pattern. Support and resistance lines were placed on the most recent swing highs and swing lows. Moving on to the 4-hour frame, a trendline formed a descending triangle. The price did not break through the support line but through the trendline, and a retracement was made. I predicted that the trend would continue to go up. Thank you for taking a look!
Komentar:
I just noticed that I used the wrong measurement tool, I used a sell instead of the buy but you got the idea :) Anyhow, I am stoked on the outcome, thank you for taking a look!