This bearish rising wedge just had a failed upside breakout, followed by a 5 wave move to test the lower trendline, and followed by a potential dead cat bounce. I’m short, with stop loss set if new highs are set.
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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.