ARKM Main Trend. Wedge. Cup. Squeeze. 01/06/2026

May 31

Logarithm. 3-day time frame. A descending wedge has formed in the main trend.

1️⃣🟢 A cup has formed in the local trend, pushing toward wedge resistance. There could be a impulse pump, driven by some fictitious positive news. It would be rational to use trigger orders for a breakout, and diversified limit orders if the breakout is false.

There could be a pullback from wedge resistance (not a breakout of the downtrend line):

2️⃣🔴 toward the support zone, and a horizontal channel could form;
3️⃣🔴 or an extremely negative scenario – entering the final zone of the descending wedge closer to August-September (optional), if there is no breakout and support from previous lows is broken.

7 days ago

Trade active

July 7, 2026 local trading situation and reversal zones in the summer consolidation at the bottom of the main trend wedge.

Locally, there may be an impulse pump. In this case, it would be rational to use trigger orders for a breakout, observing money management, and not to be greedy if this happens.