Is this upward structure an impulse? If an ABC follows to the downside, it would be a bullish sign and a great long opportunity. Lets not forget that diagonals are rare patterns and that wedges can be tricky: look at AAPL for example, we may break it to the upside.
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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.