I've noticed lots of wedges being broken and playing out, it's a bit hard to see/understand but we'll see. Bullish divergence on the 45min and lower time frames, as well as the SRSI. The daily time frame SRSI is coming down so keep that in mind, it's been overbought for quite some time and may come down to reset. The 4hr may push the daily SRSI up once again, or may finally fail this time, we'll see. Potential yellow falling wedge, it's sort of stretching it though.
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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.