Hello traders, price has bounced from the trendline
and it looks to form a double bottom or soon to be one at the .50 retracement.
Wedge is near breakout, so it looks to appear to a breakout above.
If bottom trendline breaks look for a pullback to retest trendline then down wave.
Goodluck traders.
Trade with wisdom.
and it looks to form a double bottom or soon to be one at the .50 retracement.
Wedge is near breakout, so it looks to appear to a breakout above.
If bottom trendline breaks look for a pullback to retest trendline then down wave.
Goodluck traders.
Trade with wisdom.
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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.