Price appears to be forming an expanding wedge(Megaphone).
Beware price is still well inside the higher time frame downtrend.
If this pattern is respected, Price swings will widen and price will break to the upside(RED LINE). However, there is a likely chance of exhaustion in price movement as it plays out.
MNG1!
Beware price is still well inside the higher time frame downtrend.
If this pattern is respected, Price swings will widen and price will break to the upside(RED LINE). However, there is a likely chance of exhaustion in price movement as it plays out.
MNG1! 
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.