WEDGE IDENTIFIED
Hello Traders! Well I guess it's obvious, we have a possible wedge in developing on the Peso. You can trade it or wait on a breakout. Either way, they are great patterns to trade and master. We are seeing a rally to retest the top and if respected, we may see a push back down. The question is... will this break to the downside? And if it does, could it be a significant drop? The dollar is at an all time high against the Peso, could we see a sell-off? Or will this market continue to rally?
-Rum
-Rum
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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.