Price action and chart pattern trading setup
> Falling wedge reversal pattern with bullish divergent signal
> A possible upcoming dump & pump at the volume profile point of control position
> Entry @ wedge breakout
> 1st target at 0.786 - 1.0 upper parallel channel resistance
> Stoploss @ lowest point of wedge zone
> Risk reward ratio 2:1 for medium term trade
Indicator:
1. smart money volume support 1.8X
2. banker chip entry signal
3. bbd bullish divergence signal crossing up baseline
4. KDJ stochastic bullish divergence trend reversal pattern
5. fundflow reversal pattern coming out of oversold zone.
Always trade with affordable risk and respect your stoploss.
> Falling wedge reversal pattern with bullish divergent signal
> A possible upcoming dump & pump at the volume profile point of control position
> Entry @ wedge breakout
> 1st target at 0.786 - 1.0 upper parallel channel resistance
> Stoploss @ lowest point of wedge zone
> Risk reward ratio 2:1 for medium term trade
Indicator:
1. smart money volume support 1.8X
2. banker chip entry signal
3. bbd bullish divergence signal crossing up baseline
4. KDJ stochastic bullish divergence trend reversal pattern
5. fundflow reversal pattern coming out of oversold zone.
Always trade with affordable risk and respect your stoploss.
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