Hi Community!
I am new and just approaching TA and chart analysis, patterns, and this whole fascinating world.
Should the price reach the upper trend line, can we reliably consider this a falling wedge?
If so, I would expect the price to move up and down, to finally reach 4.10-4.20 after breakout.
Comments and feedback are most welcome. Happy trading!
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Needless to say, this is not financial advice!
I am new and just approaching TA and chart analysis, patterns, and this whole fascinating world.
Should the price reach the upper trend line, can we reliably consider this a falling wedge?
If so, I would expect the price to move up and down, to finally reach 4.10-4.20 after breakout.
Comments and feedback are most welcome. Happy trading!
------------------------------------------------------
Needless to say, this is not financial advice!
Trade active:
Well, price broke our earlier than I anticipated with a bullish flag. A second one seems to be forming. If so, that will likely push us towards our target.