Rising Wedge (BEARISH)
Here we can see a typical rising wedge being formed on the 4-hour. High-timeframe classical patterns have proven to be reliable the past few months.
Note
Wow! that was faster than expected. Okay then I guess a target of around 7.3k to 7.5k.Note
Target reached, happy trading! :)
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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.