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Descending wedge oscillation turns the price range to the trend resistance. In a daily time-frame, descending wedge pulls the price range to the wedge resistance. The descending wedge pattern formation boosts the continuous raise towards the trend resistance. The 148.688 is the target for the pattern formation.



Signal Specification

Entry: 142.812

Tp: 148.688

Sl: 139.830

Happy trading.

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Descending wedge oscillation turns the price range to the trend resistance. In a daily time-frame, descending wedge pulls the price range to the wedge resistance. The descending wedge pattern formation boosts the continuous raise towards the trend resistance. The 148.688 is the target for the pattern formation.

Signal Specification

Entry: 142.812

Tp: 148.688

Sl: 139.830

Happy trading.

Hit like, comment and follow for more Profitable Updates.

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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
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Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
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