Falling Wedge- Bullish - Update
Will be watching GS closely for a breakout here (broader market conditions permitting). Solid close yesterday after reclaiming the 200-day SMA as well as forming a falling wedge on the 1-hour, 2-hour, and 4-hour timeframes. Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Bullish and looking for a breakout from this wedge
- MACD Cross on the Hourly Timeframe (Not Pictured)
- Bollinger Bands Squeezing on the Hourly Timeframe (Not Pictured)
- Bullish Hidden Divergence on the RSI
- Reclaimed the 200-day SMA
- Buyer Volume Starting to Pick Back Up Relative to Seller Volume
PT1- $403.71
PT2- $404.93
PT3- $405.73
PT4- $408.35+
Previously Charted-
https://www.tradingview.com/i/9LOEcb9h/
- MACD Cross on the Hourly Timeframe (Not Pictured)
- Bollinger Bands Squeezing on the Hourly Timeframe (Not Pictured)
- Bullish Hidden Divergence on the RSI
- Reclaimed the 200-day SMA
- Buyer Volume Starting to Pick Back Up Relative to Seller Volume
PT1- $403.71
PT2- $404.93
PT3- $405.73
PT4- $408.35+
Previously Charted-
https://www.tradingview.com/i/9LOEcb9h/
Note
Previously Charted- Note
PT1 Reached ✅Note
PT2 & PT3 Reached ✅
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.