Agin this isn't a triangle. This rising wedge (bearish) should take us to 11.5k before a breakdown to around 10.5-10k.
This wedge is much smaller than the last one but so is our next target. The run isnt over... I dont know if well be able to break the 11.5k resistance but im pretty sure well have a chance to retest it after the breakdown.
Overall Still Bullish* I dont think ill trade this pattern instead ill be looking to buy the dip; 11.5k could be the Top but 13k is definitely not off the table
This wedge is much smaller than the last one but so is our next target. The run isnt over... I dont know if well be able to break the 11.5k resistance but im pretty sure well have a chance to retest it after the breakdown.
Overall Still Bullish* I dont think ill trade this pattern instead ill be looking to buy the dip; 11.5k could be the Top but 13k is definitely not off the table
Trade active:
New high* but definitely not a breakout notice the volume is still declining.
