Classical TA, a Descending Broadening Wedge.
A is the measured move, from the bottom of the wedge, to the highest entry into it, and from the height of the breakout to the target.
These are crazy days, a second wave of Covid just announced in Germany, trade carefully, DYOR
A is the measured move, from the bottom of the wedge, to the highest entry into it, and from the height of the breakout to the target.
These are crazy days, a second wave of Covid just announced in Germany, trade carefully, DYOR
Note
Updated with Wyckoffian studyTrade closed: target reached
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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.
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.