Descending Triangle + Falling Wedge + Support + Bullish Divergence + Momentum Loss
CLDR Decrease in price magnitude in the Descending Triangle with wide swings shows a loss of bearish momentum while holding above 4hr Support level. Bullish OBV and CMF divergence show that buyers will soon enter market but wait for break of the triangle with conviction before entering Long.
CLDR Decrease in price magnitude in the Descending Triangle with wide swings shows a loss of bearish momentum while holding above 4hr Support level. Bullish OBV and CMF divergence show that buyers will soon enter market but wait for break of the triangle with conviction before entering Long.