the double bottom pattern formed on the 2hr chart almost hit its price target of $11440 this price zone is also the top of the rising wedge pattern forming over the last couple of days and also a strong resistance zone. this makes me confident that price will get rejected there and break down the rising wedge pattern to $9500 support. my guess is bears will get...
this correction started with the breakdown of the rising wedge pattern, price target linked to the rising wedge pattern is the first blue box around $9600, but if this head and shoulders pattern plays out we may be looking at a little deeper correct to the lower blue box around $8800, imo a bounce from the upper blue box is more probable and it would probably be a...
