Wedge breakout from large time frame bullish trend line to determine new or continuous trend
Short term breakout will determine new intra daily trend
Expect some ranging until then
Per my TA, I honestly can't tell which way it will break out. IT's very oversold but at the same time it's a bearish trend with an ascending triangle...
If anyone is looking for a good long entry setup per the daily .618 retrace and bullish sentiment...
