🔥 Thought Experiment: What Do You See?
I've made some changes to a well-known chart to attempt the removal of any potential biases.
Does this chart look bullish or bearish to you?
To me, it looks like a rising wedge pattern which broke bearish, retested the support as resistance and is currently on its way down. I would've liked the wedge's support a bit steeper honestly, but the current angle does the trick.
In any case, it's looking like the chart wants to go down.
Share your thoughts 🙏
Does this chart look bullish or bearish to you?
To me, it looks like a rising wedge pattern which broke bearish, retested the support as resistance and is currently on its way down. I would've liked the wedge's support a bit steeper honestly, but the current angle does the trick.
In any case, it's looking like the chart wants to go down.
Share your thoughts 🙏
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