A large rising wedge triangle is forming
These tend to break down bearishly, being a bearish pattern
I expect a drop down to the green up line and the orange horizontal line
The green up line is a stronger support line for price.
Daily Chart
These tend to break down bearishly, being a bearish pattern
I expect a drop down to the green up line and the orange horizontal line
The green up line is a stronger support line for price.
Daily Chart
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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.