RUNE to $14, falling wedge

2024年10月22日

On the above chart price action has corrected over 70%. A long trade now presents itself, but that’s all. This is not a long term forecast by any means.

1) Price action breakout. (RSI remains in resistance).

2) Price action confirms support on past resistance.

3) The falling wedge top and lower touch points allow a near term forecast for price action, $14 area or 170% from current levels.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

2024年10月24日

交易進行

GRM support confirmed.

2024年11月4日

交易結束：達到停損點

Broken market structure. Very quick break.
First support test $2

1月9日

註釋

This idea was closed in November with a forecast $2 support test.

The flag is certainly now forecasting that.

1月26日

註釋

The above bear flag target is now met.
No new long signal print at this time.