The weekly chart has now overshot both a wedge and the upper parallel channel.
Based on historical probabilities, this pattern gives roughly a 75% chance of price moving to at least the opposite side of the channel sometime in the first half of 2026.
Based on historical probabilities, this pattern gives roughly a 75% chance of price moving to at least the opposite side of the channel sometime in the first half of 2026.
🌴 Swing Trader based in the Caribbean. Trained at a trading firm in the Netherlands. 📈 Consistent profits across bull, bear, and sideways markets.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌴 Swing Trader based in the Caribbean. Trained at a trading firm in the Netherlands. 📈 Consistent profits across bull, bear, and sideways markets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
