NQ - Rising Wedge - Drop it like it's Hot
Here is another look at the rising wedge but this time on /NQ. It is nearing the apex so I would like to some a break out in either direction soon, and I think we will. This is a pattern has bearish implications. It goes without saying, but anything is possible. Still, I am not discounting the bearish pattern.
Note
Price broke out of the pattern and then pulled back in overnight. The bulls desperately trying to keep this run alive. They may be able to yet. We will see.
Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
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Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
Related publications
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.