grey lines are support and resistance lines
green red and orange lines are measure moves of the falling wedge pattern, please note this does not mean it directly goes up, it can be a slow climb up, this will happen BUT we can also come down to test 200MA first
historically on the weekly time frame, everytime we have touched the 200EMA we did come down to the 200MA
right now the 200EMA is acting as support.
green red and orange lines are measure moves of the falling wedge pattern, please note this does not mean it directly goes up, it can be a slow climb up, this will happen BUT we can also come down to test 200MA first
historically on the weekly time frame, everytime we have touched the 200EMA we did come down to the 200MA
right now the 200EMA is acting as support.
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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.
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.