This is not financial advice, I am merely practicing my technical analysis, please let me know if I have said anything wrong and where I could improve. Due to the uptrend signal not having been met in my last idea, I have switched to a broader perspective of the price action. We currently find ourselves in a tightening wedge and the price will most likely...
This is not financial advice, this is a way for me to practice expressing my thoughts as well as my technical analysis . In the short term we have a tightening wedge and signs are pointing towards an upwards breakout due to nearing the bottom support of the longterm uptrending channel. To be safe, we will wait for a retest of the support after the breakout and...