Now it looks like it need one higher high to confirm falling wedge.
Possible development :
Possible 1: Maybe it might test low again said 1760 to 1800.
Possible 2: Maybe break up the upside falling pressure line.
*Note: this is just Personal record only, not financial advice.
Possible development :
Possible 1: Maybe it might test low again said 1760 to 1800.
Possible 2: Maybe break up the upside falling pressure line.
*Note: this is just Personal record only, not financial advice.
Note
Classical Breakup A new higher high then backtest falling wedge downtrend line, and then breakup create another new higher high.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.