Descending Wedge on the Macro
Its hard to ignore this whole last year and how the price is playing out. Maybe we have just been watching the micro so closely we have ignore the bigger picture. The fibs in the most recent price action are beautiful. If you draw your fibs and s/r levels to get confluence areas you will see how they have been respected to the T lately. This idea of a giant wedge may be far fetched but i have this saved as reference to check here and there.
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