We had a inverse head and shoulders which then formed an ascending broadening channel then falling wedge broke up then we then formed a descending broadening channel, as you can see we have come down the where the blue trend line is which is where I put the green arrow and aligns with the 200 EMA, lots of buys will come in here, and I believe this trend line will be respected
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.
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.