Captain_Walker

Wall Street: Broadening wedge

OANDA:US30USD   US Wall St 30
There is a visible broadening wedge pattern better seen on the 1H time frame of Wall Street. It is basically a megaphone in a horizontal direction.

There are probabilities for both the south and the north. Guesstimated ranges of price are shown - but this is not a prediction, as I do not know the future.

The markets can do as they like and 'disobey' any technical expectations.
Comment: Getting warm

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]