I posted this falling wedge idea a week ago. So far playing out nicely. It is hittin some big ichumochi cloud resiatnce on the daily. Pattern playing out looks like an inverse head and shoulders with a neckline around 7.75. If we can get rejected here the bigger market players can see a short term bounce. It’s going to take a lot of money to push through this resiatnce here. Daily 200 ema around 9.37
Biggest resiatnce is 8.30
Biggest resiatnce is 8.30
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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.