As you have already analyzed, we knew that the price was going to hit the downward trend line and fall, so it formed an upward wedge and the price fell.
Now, to continue the decline, we see a strong bullish bearish pattern called the inverted cup and handle.
We have a drop as deep as a cup
I hope you can use it
Good luck :)
Now, to continue the decline, we see a strong bullish bearish pattern called the inverted cup and handle.
We have a drop as deep as a cup
I hope you can use it
Good luck :)
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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.
Related publications
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.