I posted a graph on a higher timeframe before we had a decent drop in all markets:
And I still stand by that, but on the lower timeframe, I see a falling wedge forming. The price action indicates to me that we are going to break up sooner rather than later, so this yellow arrow I have on my chart is somewhat what I expect :)
And I still stand by that, but on the lower timeframe, I see a falling wedge forming. The price action indicates to me that we are going to break up sooner rather than later, so this yellow arrow I have on my chart is somewhat what I expect :)
Comment:
Forgot to mention: We have created a lower timeframe downtrend. The first one since covid crash in march 2020
Comment:
Rejected as expected
Comment:
And broke as expected :)