Rising and falling wedge chart patterns are classic chart patterns that can be found either at the end of the trend and usually signal market exhaustion or trend continuation. The market tends to form these patterns over and over again. Regardless of the environment where you see the wedge pattern, the price structure will remain the same; the only difference is the location within the trend, I think this is the way forward according to the data TP1=0.1057 Tp2=0.12.21 This is only analysis, do not base it on buying or selling
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.