Hi Community!
I am new and just approaching TA and chart analysis, patterns, and this whole fascinating world.
Should the price reach the upper trend line, can we reliably consider this a falling wedge?
If so, I would expect the price to move up and down, to finally reach 4.10-4.20 after breakout.
Comments and feedback are most welcome. Happy trading!
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Needless to say, this is not financial advice!
I am new and just approaching TA and chart analysis, patterns, and this whole fascinating world.
Should the price reach the upper trend line, can we reliably consider this a falling wedge?
If so, I would expect the price to move up and down, to finally reach 4.10-4.20 after breakout.
Comments and feedback are most welcome. Happy trading!
------------------------------------------------------
Needless to say, this is not financial advice!
Trade active
Well, price broke our earlier than I anticipated with a bullish flag. A second one seems to be forming. If so, that will likely push us towards our 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.