The day candle wasn't closed below the lower bound of a wedge. It means that the price still moves in a wedge. If the price is more expensive than $6600, then there will be a long-term uptrend. If the day candle is closed below the lower bound of a wedge, then there will be a short-term downtrend.
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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.