Price has been rejected at 32.50 looking on the 4 hr time line.
Price could drop to 32.46 and move up before falling
If we get volume, or/and due to the time of year when most are on a break, we could see a move to the upside and break the wedge.
But with volume low I think odds are we move down to the bottom of the wedge.
Price could drop to 32.46 and move up before falling
If we get volume, or/and due to the time of year when most are on a break, we could see a move to the upside and break the wedge.
But with volume low I think odds are we move down to the bottom of the wedge.
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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.