The most recent Rising Wedge (top wedge) was broken but price quickly recovered.
There is another RW below this one that is not valid as the bottom line has not been broken.
Price broke up and out of this wedge.
Rising wedges interrupt supply and demand causing too much supply inside the wedge.
Both lines slope up and converge at the apex.
No recommendation.
There is another RW below this one that is not valid as the bottom line has not been broken.
Price broke up and out of this wedge.
Rising wedges interrupt supply and demand causing too much supply inside the wedge.
Both lines slope up and converge at the apex.
No recommendation.