IMX: Three retests of the descending wedge - bullish signal
259
Just a very simple chart of a very optimistic target. Was concerned that the third retest would fail, but it held up very well! Distance from the first leg is added to the end of the wedge to form a take profit. Obviously, this is a bit of a long term direction. Can buy and sell in between on the way up.
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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.