A bit curious to see how the Hikkake Bar pattern will form. It is not a trading system in itself, but I think it provides a good confirmation within a larger chart pattern. Here, we have a descending triangle pattern and a 'Potential' Hikkake bar pattern is being formed.
Its not a 100% Hikkake pattern because the set up didn't happen in 3 bars. Nonetheless, the appearance of this pattern near the support zone of the desc. triangle gives some indication.
****Short only if price closes below the support line.****
EDIT: Target revised to 170.657. Refer to comments
Its not a 100% Hikkake pattern because the set up didn't happen in 3 bars. Nonetheless, the appearance of this pattern near the support zone of the desc. triangle gives some indication.
****Short only if price closes below the support line.****
EDIT: Target revised to 170.657. Refer to comments
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.