Disclaimer ***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER*** The triangle can't get any tighter than now, let's see which way it breaks, 4H macd says the probability of breaking upwards unlikely. I am trying to teach my students a lesson if this ends up going 'fake out' and then elevator down.
Disclaimer ***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
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As I said, fake out and we might get the ‘elevator down’ move next.
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Hmmmm, it gone down a bit but certainly wasn't the 'elevator down' as we expected. Bulls like me would be averaging in from now on.
I agree the volume just isnt there to make it happen. But it is a text book ascending wedge eh?
UnknownUnicorn1597295
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@viismmarketing, It will break out either up or down. Current price action is sideways + we are due for the market to turn red + we are still in a bear market = Down!
UnknownUnicorn1597295
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We've had 6 green days in a row. Overdue to have a red day.