Next stop: the MA50 weeks @30,953
Continue with my previous idea:
We have left the bearish wedge but we are still in a bearish flag, price should go to test the MA50 weeks which is also on top of a very strong support.
Next step depends on how market interprets the wider triangle, are we in a bearish triangle or a bullish bedge? I have drawn both in thick lines.
Do you like it? then please click on LIKE.
We have left the bearish wedge but we are still in a bearish flag, price should go to test the MA50 weeks which is also on top of a very strong support.
Next step depends on how market interprets the wider triangle, are we in a bearish triangle or a bullish bedge? I have drawn both in thick lines.
Do you like it? then please click on LIKE.
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