Observations show that the Rising Wedge pattern has been formed with a strong negative divergence on the resistance of 1820 to 1825, which can cause a sharp price drop. Also, the price has reached the end of the 5 ascending wave. Also, a Falling Wedge pattern has been formed in the dollar index, which can cause a sharp growth of the dollar index
Important: This is only a technicality, and the Fed's decision will be much more important.
Important: This is only a technicality, and the Fed's decision will be much more important.
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The Rising Wedge pattern was broken down. Confirm the sellThe beginning of a downward trend and a heavy fall
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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.