CENTAURUS METALS LIMITEDUpdated CTM Rising wedge
I think I have identified a rising wedge here. This is usually a bearish signal after an uptrend. Looking to see if it breaks down through the wedge.
The MACD is still below zero and so it is possible it might hit that and drop from there. I'll be looking to see if the RSI signals over-bought on the next high-high close.
The MACD is still below zero and so it is possible it might hit that and drop from there. I'll be looking to see if the RSI signals over-bought on the next high-high close.
Note
Holy cow, it's following the wedge...Note
So, it wasn't a 'rising wedge' it was properly called an 'ascending triangle'. Cool.
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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.