- Weekly Resistance
- Ascending Triangle
- Triple Top
WAIT FOR..... Clear breakout of ascending triangle + Trendline + Clear PA confirmation! ....otherwise I wouldn't advice taking this trade!
Adjust the SL and TP accordingly when you get a clear entry.
All comments are welcome and appreciated
Peace!
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Nice bearish engulfing candle right at entry point, we may adjust SL since we can expect a pullback to 50%fib of last , which would be an extra confirmation for another entry. We must be careful of the horizontal orange line since it's a well respected D support, but once it's past we may expect a very good drop giving us a very good R&R.
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