This is a pattern we have seen a few times are always excited about finding it, It functions similar to a falling wedge. It is bullish and we can usually rely on it with some high degree of probability that it will continue upwards. We are also found in two pennants, so some type of catastrophic news in the markets could curtail us lower, I think a test of the B point in the wedge will prevail. That would put us up near a box range of $10.5k -$11.5k
As we gear up for longer-term trading styles, let's keep a clear and focused mindset knowing that this could swing either way.
YOu can learn more about these patterns points here: centralcharts.com/en/gm/1-learn/7-technical-analysis/27-chart-patterns/504-descending-broadening-wedge
Always be investing.
But if you are trading, Always use a stop loss!
As we gear up for longer-term trading styles, let's keep a clear and focused mindset knowing that this could swing either way.
YOu can learn more about these patterns points here: centralcharts.com/en/gm/1-learn/7-technical-analysis/27-chart-patterns/504-descending-broadening-wedge
Always be investing.
But if you are trading, Always use a stop loss!
Arcane Bear Founder- Tijo
Join our private community of professional traders and investors :==>> arcanebear.com/private
youtube.com/arcanebear
Join our private community of professional traders and investors :==>> arcanebear.com/private
youtube.com/arcanebear
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Arcane Bear Founder- Tijo
Join our private community of professional traders and investors :==>> arcanebear.com/private
youtube.com/arcanebear
Join our private community of professional traders and investors :==>> arcanebear.com/private
youtube.com/arcanebear
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。