Flag formation and correction breakout
Hi everyone. Similar to my TRXUSDT analysis DOGEUSDT has formed the same pattern
There was a previous bearish impulse followed by a correction. The correction then formed falling wedge. This shows a reversal in the trend and we know the market has been bearish. But now it has started to reverse.
Now a breakout occured (an impulsive breakout) from the correction which I have been waiting for, and followed a small correction.
I'll be entering the trade when there's a breakout from that small correction.
If you like my analysis don't forget to like and follow. Thank you
There was a previous bearish impulse followed by a correction. The correction then formed falling wedge. This shows a reversal in the trend and we know the market has been bearish. But now it has started to reverse.
Now a breakout occured (an impulsive breakout) from the correction which I have been waiting for, and followed a small correction.
I'll be entering the trade when there's a breakout from that small correction.
If you like my analysis don't forget to like and follow. Thank you
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.