Isn't a common knowledge that a Symmetrical-triangle/Wedge in a DOWNTREND is usually breakdown/continue to the downtrend and not Up?
Hmmm... what is the rationale behind your rock-solid call? You have zero doubt about this??
fakhan Crypt0Cl0wn
@Crypt0Cl0wn, I have zero doubt it will break out of this wedge. Up, down, that remains to be seen and I haven't said anything about that.
EspressoDopio Crypt0Cl0wn
@Crypt0Cl0wn, I like this website, but I miss the function here to block people
Man you should learn about TA before posting
By the way 1-4 hours from now I'll come and tell why you was wrong and why price dropped
+1 Reply
fakhan mvc64200
@mvc64200, Oh yeah? Why don't you explain now, smartypants?
mvc64200 fakhan
@fakhan, I'll explain that to you when it dropped 1-4 hours from now because at that time you will be quiet and you will listen
fakhan mvc64200
@mvc64200, Haha. Well, tell you what sh*t for brains, I haven't said if it will break above or below out of the wedge. All I'm pointing to is that it is trading within the wedge and will breakout of it most definitely very shortly. Whether it's 4 hours from now or 40, that statement will stand true. What remains to be seen is whether it will break upwards or downwards. Comprende?
what are your reasons for this analysis? I see no imminent breakout in your chart.
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