I think it's obvious that we had a fake out/ liquidation grab coming out of the rising wedge. Ultimately, this pattern broke down within reason and as expected. I think a good measured move should put us about -$25 out of the wedge, that being around $79-$80. I have highlighted some levels in blue that I think you should watch for, especially if you like to scalp, $98, $90, and $82.
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This is not financial advice.
Please give me a Like/ Follow if you enjoy the charts. Check out my other work and drop a line if you agree or disagree!
This is not financial advice.
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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.