This is the most dramatic descending wedge pattern I have ever seen. The upside on this wedge will be equally dramatic.
This actually points to $0 by December, with many places to find support and then breakout along the way, as indicated.
Enjoy the ride folks,
This actually points to $0 by December, with many places to find support and then breakout along the way, as indicated.
Enjoy the ride folks,
Note
Break confirmed, and very gentle uptrend established. I would expect an impulsive move higher within a month
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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.