The last Rising wedge posted was invalidated. In retrospect, it looked more like a rising triangle. no breakout occurred after leaving the trend lines. We are currently above resistance in this channel. I think if we can get a good weekly close today, we should see our upside targets. If we breakdown, 35k-36k is still on the table. I am neutral leaning bullish in the short term
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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.