we have a clear rising wedge (blue lines)
we have actually broken down from the wedge and we are retesting it as you can see, I encourage you to also look at the 1h and 4h time frame too.
the 1 hour time frame for 200MA is acting as resistance and the 4h 200MA is acting as support, tomorrow is a big day, we will see how the market will react towards the fed announcement tomorrow.
we have actually broken down from the wedge and we are retesting it as you can see, I encourage you to also look at the 1h and 4h time frame too.
the 1 hour time frame for 200MA is acting as resistance and the 4h 200MA is acting as support, tomorrow is a big day, we will see how the market will react towards the fed announcement tomorrow.
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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.