This is such a long-term consolidation that eventually has to be resolved. It often comes with fake move after fake move ...
Given the current price action, the more bullish green count is more likely than the red counts followed by the most bullish move indicated by the dash green arrow followed by the extremely unlikely bearish move that would fall off the wedge(not drawn).
Given the current price action, the more bullish green count is more likely than the red counts followed by the most bullish move indicated by the dash green arrow followed by the extremely unlikely bearish move that would fall off the wedge(not drawn).
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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.