On the chart of Intel Corporation (INTC), we can see two bullish reversal patterns on a daily timeframe.
We can see a Descending Broadening Wedge. This is a typical bullish reversal pattern. Once the price breaks out of the upside of the pattern the highest point of the pattern becomes the target.
The second pattern is a forming Double Bottom. This pattern indicates a bullish reversal. Once the price breaks out of the neckline the target will rise the same length as the range from the neckline to the bottom
In this particular case when the Double Bottom gets validated, the Descending Broadening Wedge will be activated too. When this happens the long position can be taken when the neckline has changed from a resistance into a support.
See all further details on the chart.
Goodluck!
We can see a Descending Broadening Wedge. This is a typical bullish reversal pattern. Once the price breaks out of the upside of the pattern the highest point of the pattern becomes the target.
The second pattern is a forming Double Bottom. This pattern indicates a bullish reversal. Once the price breaks out of the neckline the target will rise the same length as the range from the neckline to the bottom
In this particular case when the Double Bottom gets validated, the Descending Broadening Wedge will be activated too. When this happens the long position can be taken when the neckline has changed from a resistance into a support.
See all further details on the chart.
Goodluck!
交易進行
Double bottom and bullish reversal in play註釋
Support retested multiple times. Higher low after higher low. Very bullish price action. Enter long at the support (or wait for a breakout of the neckline) and wait patiently for INTEL to reach targets註釋
The price retest the support again . Potential tripple bottom formation in play.註釋
The price has bounced from the support zone.註釋
Testing resistance. Breakout expected. bulls are pushing higher
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相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。