These are two bearish patterns. A bearish flag is usually in parallel channels, and a wedge is more of a triangular shape.
However, in both patterns the price is driven down with high probability.
Please be careful.
I posted my chart for BTC before when it was neutral, and at the moment it seems like it is still bearish on all time frames.
However, in both patterns the price is driven down with high probability.
Please be careful.
I posted my chart for BTC before when it was neutral, and at the moment it seems like it is still bearish on all time frames.
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Related publications
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.