HELLO GUYS
-For 9 months, we have formed a falling wedge on strong foundations,
3 months ago, it started to slow down and give positive signals, and it seemed to be on a cumulative horizontal path.
– Recently, it breached the falling trend line , which is also the resistance line for the falling wedge .
– Today it is re-testing on three lines, which are the support line that was formed 3 months ago, the minor ascending trend line that started forming recently, and the descending trend line , and it seems that it has succeeded so far.
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In conjunction with that, the #RSI indicator during these months has formed a very positive pattern which is the ascending triangle , and the retest coincides with the RSI’s rebound from the ascending support of the triangle, which is a strong positive sign.