Hello friends,
A Possible scenario is shown in the chart. As you know, this pattern is a Pennant (See attached Idea). It's taken me a little time to discover whether the pattern is a real pattern or a disguise, Now I know it's true.
ETC (4h)-Technical section:
RSI *** 53.73
DMI is Neutral
Oscillators:
Moving Average Convergence / Divergence *** Buy
Momentum Indicator*** Buy
Bull Bear Power is neutral
Moving Averages:
Ichimoku Cloud is neutral
Volume Weighted Moving Average *** Buy
Hull Moving Average *** sell
For more details, See attached Idea.
Why ETC?
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