Another wedge pattern in the BNF for a breakout.
If price breaks the upper channel of the wedge, we will see 57773 as a new high, extending till 58200 as the next target.
RSI falling below 50 will invalidate the bearish move and will fall till the lower channel of the wedge.
If price breaks the upper channel of the wedge, we will see 57773 as a new high, extending till 58200 as the next target.
RSI falling below 50 will invalidate the bearish move and will fall till the lower channel of the wedge.
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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.