Hello Traders,
After the breakout of the rising wedge to the downside, price is now consolidation above the recent low of the pattern.
My prediction is that as we still see bearish momentum, a test of the 100% fib. extension is very probable.
Do you agree?
Kaetea Ng
After the breakout of the rising wedge to the downside, price is now consolidation above the recent low of the pattern.
My prediction is that as we still see bearish momentum, a test of the 100% fib. extension is very probable.
Do you agree?
Kaetea Ng
Trade active