In theory this could be considered a falling wedge on a uptrend? So there for could be a decent long position to previous resistance.
Alternatively it could be seen as a pennant pattern. So therefore it could go short.
Any feedback appreciated :)
Alternatively it could be seen as a pennant pattern. So therefore it could go short.
Any feedback appreciated :)
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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.