DaversLemons

Month undecided Fib Descen channel

Short
NYSE:AA   Alcoa Corporation
ndetermined which direction Monthly.

implied monthly lower movements, but showing potential higher movement.

Fibonacci retracement keeps making me think lower.

www.investopedia.com/terms/f/fib...

Potential Ascending Wedge , but unclear due to the initial starting point.

this site makes me believe it will move lower yet.

www.babypips.com/learn/forex/wed...

Note the two lines similar to each other for the resistance lines reviewed from this link here:

www.dailyfx.com/educ...istance-trading.html
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