Description
⋅ But price was in a rising wedge.
Seems as if earnings will often break a rising wedge whether the company beats or misses the numbers.
Both trendlines slope up in this pattern and converge at the apex.
Rising wedges cause too much supply.
There are more rising wedges well below price in this chart.
No recommendation.
W pattern that was almost to the 1.272 when this pulled back. Valley 2 is lower than valley 1 and it was looking like a Nen-Star.