Ascending Triangle
Waiting for confirmation after break out
Pros
R/R ratio above 8
ER = good
Descending volume during formation
High volume at breakout
Crossed 200MA (but came back)
PPS above 50MA
250RSI almost 50
ATR climbing, more volatility
Cons
200MA descending
PPS below 200MA
Gigher price rejection on ER day (bearish)
If confirmed (watching monday)
PT1 = 20,09
PT2 = 24,43
PT3 = 24,79
Bonus PT4 = 26,32
Bonus PT5 = 28,32
Waiting for confirmation after break out
Pros
R/R ratio above 8
ER = good
Descending volume during formation
High volume at breakout
Crossed 200MA (but came back)
PPS above 50MA
250RSI almost 50
ATR climbing, more volatility
Cons
200MA descending
PPS below 200MA
Gigher price rejection on ER day (bearish)
If confirmed (watching monday)
PT1 = 20,09
PT2 = 24,43
PT3 = 24,79
Bonus PT4 = 26,32
Bonus PT5 = 28,32