RISING WEDGE - SELL SETUP
Updated
The current structure indicates we have a rising wedge pattern in development.
I am expecting a break of that pattern to the downside as marked on the chart.
We have clear divergence in MACD indicator which supports my idea.
You can enter when the price will make new high or on a breakdown of the pattern.
I am expecting a break of that pattern to the downside as marked on the chart.
We have clear divergence in MACD indicator which supports my idea.
You can enter when the price will make new high or on a breakdown of the pattern.
Note
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