RSRUSDT: Bullish Triangle
RSR price had previously formed a strong upward momentum in wave A, after which a prolonged consolidation started.
At the moment the correction pattern in wave B (triangle) has gained clear boundaries.
Locally, the price has already crossed the boundaries of the pattern and formed wave 1 (within wave C), which has already been corrected by wave 2.
I have taken a long position, in anticipation of a bullish rally within wave C.
At the moment the correction pattern in wave B (triangle) has gained clear boundaries.
Locally, the price has already crossed the boundaries of the pattern and formed wave 1 (within wave C), which has already been corrected by wave 2.
I have taken a long position, in anticipation of a bullish rally within wave C.
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