We saw an impulse up from an ascending triangle get rejected at our middle bolinger band forming a rising wedge. The wedge has sense broken south and forming a bear flag. If indeed a bear flag. We use pole length to determine trajectory which would fall right in line with a previous level of support around 3100

Note
Another impulse up? Looking like an ascending broadening wedgeDisclaimer
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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.