ONE – Potential Bullish Reversal!

ONE – Potential Bullish Reversal!

ONE is overall bullish trading inside the brown rising broadening wedge pattern.ONE is now approaching the lower brown trendline and green support so we will be looking for buy setups


on DAILY:
The sellers seem to be exhausted, as the last swing couldn’t push lower, instead resulted in a higher lower. Which gives us an early alert that a potential shift in momentum might occur soon!

But it doesn’t mean that the bulls took over yet.


Trigger => Waiting for a momentum candle close above the last high in gray to buy.


Meanwhile, until the buy is activated, ONE would be overall bearish can still trade lower inside the green support before trading higher.

Good luck!

All Strategies Are Good; If Managed Properly!

~Rich

Richard Nasr

Richard Nasr

- Full-time Trader, Coach, and Founder of theSignalyst with 400+ Students Worldwide.
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