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About breaking ascending wedge
Target 3040 :)
Inside bar, again inside the wedge. It will go down!
I think we will retest 1236
It will turn back. It is in a bearish wedge. Even with good news from the UK it was respected.
This broke the wedge long time ago. It was a big one, the trend in clearly DOWN... Now in the trendline, it will turn back
Under the cloud = bearish... I would not open long positions yet
HCH, wait for the pullback (around 1330) and short
Projection, S3 much below 900 at mid-term
As yo see, the main triangle was not broken yet... this is supported by the very low volumes found yesterday... I still see the picture in a downtrend but we will see if next week is able to break it... if it does, we can see 70 easily
This is my opinion. You can also check the volumes for red candles in previous weeks to see where is going.
Waiting the breakout or breakdown of the triangle...bets!
Triangle rupture and upside movement