An rising wedge formation is seen on the chart.
The price has reversed from the upper resistance of the rising wedge formation.
If the price drops, it can both give a good short position and give a good buying opportunity.
The price has reversed from the upper resistance of the rising wedge formation.
If the price drops, it can both give a good short position and give a good buying opportunity.
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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.