I drew a potential falling wedge idea, just a speculation, but a very common pattern and it often happens when we are up against a downward sloping resistance trendline.
Falling wedges have a 68% chance they break to the upside, it would mean the odds are in our favor on the 4h.
Idea could be invalidated at anytime.
Falling wedges have a 68% chance they break to the upside, it would mean the odds are in our favor on the 4h.
Idea could be invalidated at anytime.
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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.