If it breaks below the purple wedge I'd call it confirmed. And expect it to reach the red channel's range. If it breaks above the purple wedge, it's a no go.
Just a guess like the rest. Not Advice.
Just a guess like the rest. Not Advice.
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.
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.