FORD MTR CO DELLong
(F) Ford sitting in consolidation, looking to break a wedge.
Scenario 1: The pivot trend continue with a break out of consolidation and out of its current wedge.
Scenario 2: The wedge breaks down and finds support on the prior trend
Scenario 3: Consolidation continues and the wedge is broken to meet support and continue on a bull run
Scenario 4: Wedge breaks down, support is broken, and a reversal in trend is confirmed.
Scenario 2: The wedge breaks down and finds support on the prior trend
Scenario 3: Consolidation continues and the wedge is broken to meet support and continue on a bull run
Scenario 4: Wedge breaks down, support is broken, and a reversal in trend is confirmed.
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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.