Falling wedge is a very familiar pattern with all traders, that often succeeds. My stance is very bearish right now, but I'm paying attention to the 5 month support, in hopes of a breakout that could turn very profitable..
Note
Price broke line, peaking around 84.000. Was then followed by a swift correction and is carrying momentum downward. Targets set at 81.500.
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.