Greeting to everyone! The rising wedge (falling wedge in normal chart) may break soon. The idea is invalidated if the wedge is broken in the other direction. It still can fake-out to raid the stops. Let's see...
Few potential plays/speculations:
Do you recognize the pattern:
Few potential plays/speculations:
Do you recognize the pattern:
Note
Wow, we hit the inverse chart rising wedge (falling wedge in normal) to the dollar: Now let's watch which scenario will play out.
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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.