Abcde labels are unnecessary but used them to identify points. This is very bearish given the wedge began after the significant drop in Dec 2018. Might signal the continuation of a Bear market.
Note
Though, here’s a case for the bulls. Note
Safe target?
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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.