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Maxvgent
Nov 1, 2022 2:07 PM

XNO broadening wedge pattern Short

Nano / U. S. DollarKraken

Description

This broadening wedge is bearish. I put an explenation of the pattern in this idea. Break of the support line is a confirmation. Also on the MACD similarities are found in a prior dip. Target is 65 cents, i case of a liquidity failure nano can brake way lower. Or i case of really bad markets.

Comment

Still good just move to daily time frame and move the lines a little. its a bit bigger but you can still draw it
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