Bullish Descending Wedge TLT
TLT has consolidated nicely since its massive spike during covid. The rsi has also consolidated well. Watching for price to break the wedge. Last time it did so before covid there was a melt up just before launch PT 's are marked on FIBS. Watching for the $200 high to break if we get momentum. Great idea for a portfolio hedge.
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.