COMP can be seen to be in a falling wedge as it is touching the 1.618 Fib circle line This fib circle line has been a previous support I expect this level to hodl and a breakout from the falling wedge to occur
The line is what I expect the indicator to do as price moves
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.