Price has been within a descending wedge since May 2020. Descending wedges usually break upwards. So what can we do?
We can either:
1) Wait for price to break the descending wedge and then find entry reasons for a BUY
2) Working within the parameters of the wedge and look for shorting opportunities
We can either:
1) Wait for price to break the descending wedge and then find entry reasons for a BUY
2) Working within the parameters of the wedge and look for shorting opportunities
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.