This could also be seen as a riding wedge break which is a sell signal.
Patterns usually shows up in fractals.
Ideal target is the 1-4 line.
However, patterns could fail.
Do your own due diligence.
Earlier targets are there for higher probability of taking a profit.
Patterns usually shows up in fractals.
Ideal target is the 1-4 line.
However, patterns could fail.
Do your own due diligence.
Earlier targets are there for higher probability of taking a profit.
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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.
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.