Long

Falling Wedge $9k Target

Updated

We're flirting with a breakout of this pattern right now. Four touches on the lower support line, a break above the EMA resistance, and a potential breakout have me bullish AF right now. The measured move of this breakout would put us right around the resistance at $9,100.

Note

This played out nicely. Looking great on the daily chart too. The 13 EMA is my favorite buy/sell signal, and we just broke above it on the daily time frame.

Note

D-Pad

Also on:

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.