WEDGE IDENTIFIED
ANALYZE-MONITOR-EXECUTE
Hello traders! We have identified a rising wedge pattern here hoping for a break to the downside due to this uptrend showing signs of possible exhaustion. If we see a bearish push to retest prior support, it may not be a long term downward move but a correction before continuing the rally. This is shared for educational purposes and should not be taken as a signal.
Good luck to all traders and trade smart, don’t gamble.
Hello traders! We have identified a rising wedge pattern here hoping for a break to the downside due to this uptrend showing signs of possible exhaustion. If we see a bearish push to retest prior support, it may not be a long term downward move but a correction before continuing the rally. This is shared for educational purposes and should not be taken as a signal.
Good luck to all traders and trade smart, don’t gamble.
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.
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.