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Falling wedge in descending triangle
Hello,
the yellow triangle is a descending one, please see the attached chart for the bigger picture.
The dashed cyan lines are forming the trendlines for the falling wedge.
I use the CMF for refining a possible breakout timeframe.
The magenta lines are my interpolation of the price.
the yellow triangle is a descending one, please see the attached chart for the bigger picture.
The dashed cyan lines are forming the trendlines for the falling wedge.
I use the CMF for refining a possible breakout timeframe.
The magenta lines are my interpolation of the price.
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