Bounce off support in the falling wedge pattern, and looking for a breakout.
A break above the yellow trendline should catapult about 100 pips.
Might see a cup and handle like pattern thereafter to take it to the upper channel that we see being developed.
I think we're going to see a further down move after that.
A break above the yellow trendline should catapult about 100 pips.
Might see a cup and handle like pattern thereafter to take it to the upper channel that we see being developed.
I think we're going to see a further down move after that.
Note
Charts messy, follow the yellow line...Note
Price looks to have bottomed out here.Looking for that upside target before a down move.
Note
Short entered
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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.