Month undecided Fib Descen channel Short

Alcoa CorporationNYSE

Description

⋅ Feb 10, 2021 3:32 PM

ndetermined which direction Monthly.

implied monthly lower movements, but showing potential higher movement.

Fibonacci retracement keeps making me think lower.

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.

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

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

dailyfx.com/education/learn-technical-analysis/support-and-resistance-trading.html