OMXI10 - 6 months TRIPLE TOP

30 thg 1, 2022

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Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS

🤝Let’s learn and grow together 🤝
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Hello Traders ✌

As we can see on the weekly chart, we are at the top
of a strong uptrend. The pattern is also taking place
at the all time highs (violet dotted line) and it is
testing the 200 days EMA which would be breached
if a breakdown occurs. If prices go towards the
target, keep in mind that we may have to deal with
the previous level at 3090.00

• Pattern Class: 🌕🌕🌕🌕🌑
  
• Target area: 2940.00
  
• Breakout area below: 3140.00
  

Entry Point and Initial Stop Loss depends on your
Trading Plan Tactis and Money Management rules.

🔎🔎🔎 ALWAYS REMEBER
"A pattern is NOT a Pattern until the breakout is
completed. Before that moment it is just a bunch of
colourful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal
opinion and it is posted purely for educational
purpose and therefore it must not be taken as a
direct or indirect investing recommendations or
advices. Any action taken upon these informations
is at your own risk.
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