Rising wedge here - Expect a small drop soon
We are currently forming a typical rising wedge, and i would expect us to drop to around ~6600 with a small retrace to follow before moving towards our 6000 mark.
I will be shorting within the next hour
I will be shorting within the next hour
Note
Still a wedge going on expected drop just delayed a couple of hoursNote
We still got a wedge going and i expect the drop in a couple of hours. RSI is building up to support itNote
Still following the wedge pattern. Drop is incomingNote
The wedge did the fall as expected, lower initial drop, but i do expect more drops to follow
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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.