The price is in a wedge pattern that can be attractive in two ways if it fails. If it is broken from the top, it can move up to the resistance range, and by breaking the resistance, it has attractive targets. Otherwise, a downward trend occurs with the pattern breaking down.
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.