The bottom line of the rising wedge has been broken so it is now valid.
Price can fall to the bottom of where the wedge formed or depending on the market, it can fall even lower. Price can also stop falling when it hits a support level within the wedge.
The more candle touches a support line has, it comes a stronger support level. The more touches a resistance line has, makes it a stronger level of resistance.
Target 1 of the cup and handle was met and sometimes all we get is T1.
No recommendation.
Price can fall to the bottom of where the wedge formed or depending on the market, it can fall even lower. Price can also stop falling when it hits a support level within the wedge.
The more candle touches a support line has, it comes a stronger support level. The more touches a resistance line has, makes it a stronger level of resistance.
Target 1 of the cup and handle was met and sometimes all we get is T1.
No recommendation.