BTTC | Bullish Divergence – Falling Wedge Ending Triangle?
Price action and chart pattern trading
> Local falling wedge ending triangle pattern within a global falling flag corrective ABC.
> Trade setup – entry @ falling wedge breakout downtrend line wave ii and iv.
> 1st target 0.786 – 1.0 upper resistance flag – upside +20%
> Stoploss @ the lowest falling wedge position zone – downside -10%
> Risk reward ratio: 2:1
Indicator:
1. Smart money volume support
2. Banker chip entry signal
3. Fundflow RSI reversal pattern coming out of the oversold zone
4. BBD signal – bullish divergence – just below the baseline
5. KDJ stochastic bullish divergence
Always trade with affordable risk and respect your stoploss

