Price was trying to form a cup but a bearish rising wedge has formed.
The bottom line has not been broken so this wedge is not valid.
Previous support levels can catch a rising wedge if the bottom line is broken.
But eventually it will be broken
No recommendation.
The party may end soon so grab your designated driver (o:
The bottom line has not been broken so this wedge is not valid.
Previous support levels can catch a rising wedge if the bottom line is broken.
But eventually it will be broken
No recommendation.
The party may end soon so grab your designated driver (o:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.