Repeating pattern
- Rising wedge (bearish)
- Breakdown from wedge = sharp fall
- Technical rebound (yellow box)
- Sharp fall continues/intensifies
- Rising wedge (bearish)
- Breakdown from wedge = sharp fall
- Technical rebound (yellow box)
- Sharp fall continues/intensifies
Trade closed: target reached
Target reached but is there further downside?
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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.