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After breaking the RISING WEDGE down,
It shows a very strong extended wave.
If the upper line of this extended wave is broken upward, it is likely to rise to the recent high.
After breaking the RISING WEDGE down,
It shows a very strong extended wave.
If the upper line of this extended wave is broken upward, it is likely to rise to the recent high.
Note
In the extended wave, A rising wedge has emerged.
Chart is currently trying to adjust with a downward breakthrough.
If Candle close down after the fall, It may slide to 0.5 section based on the Fibonacci return. Check it out!
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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.
Related publications
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.