AFRM Falling wedge setup
Whats good traders!
Lets take a look at AFRM.
Christmas is around the corner and thousands of people are probably shopping online for expensive gifts. Some are probably using AFRM to purchase these gifts... Anyways,
- I see a falling wedge on the 30min timeframe.
-Price is back below the 20 moving average.
-We are currently sitting at the above the 30min and the weekly demand zones.
-If we dip into demand, we need strong buyers to show up along with strong volume confirmation for a reversal to the upside.
Let me know what you think in the comments!
Thank you for stopping by!
-DP
Lets take a look at AFRM.
Christmas is around the corner and thousands of people are probably shopping online for expensive gifts. Some are probably using AFRM to purchase these gifts... Anyways,
- I see a falling wedge on the 30min timeframe.
-Price is back below the 20 moving average.
-We are currently sitting at the above the 30min and the weekly demand zones.
-If we dip into demand, we need strong buyers to show up along with strong volume confirmation for a reversal to the upside.
Let me know what you think in the comments!
Thank you for stopping by!
-DP
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