Targets are found by height of wedge at an approximate breakout zone.
My feeling is we will break below as descending triangles do this most of the time. The Stoch RSI also coincides with this.
Not trading or financial advice.
My feeling is we will break below as descending triangles do this most of the time. The Stoch RSI also coincides with this.
Not trading or financial advice.
Note
Paying more close attention to this wedge now. See if the downward spike is done here as we could see a reversal to top of wedge Note
Look for the bulls and bears to fight over the blue support line when market opens this will determine our direction for the day!Note
Formation into tomorrow open
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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.