WFC short - bearish retest
Updated
WFC looks bearish.
The rising wedge broke down and it's likely to see more downside on WFC.
Enter short position at the bearish retest.
Targets are shown on the chart.
Invalidation of the thesis would be if the price comes back and closes successfully above the upsloping resistance .
The rising wedge broke down and it's likely to see more downside on WFC.
Enter short position at the bearish retest.
Targets are shown on the chart.
Invalidation of the thesis would be if the price comes back and closes successfully above the upsloping resistance .
Comment
Bearish retest completed. Expecting more downside soon
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