BULL vs BEAR SHOWDOWN
Dear Reader,
I note an ascending broadening wedge on the hourly, still within the bounds of a large ascending wedge (dashes) which I have been tracking from $6400. The ascending broadening wedge has an 84% probability of breaking downwards, which would cause it to close below the lower bound of the large ascending wedge (dashes) to point "E" and thereby, initiate a major move downwards.
If the ascending broadening wedge breaks upwards, we should expect a price hike to around $ 9600, where after we hope to see a breakdown from the large ascending wedge (dashes).
Rolling the dice ...
Happy Trading !
I note an ascending broadening wedge on the hourly, still within the bounds of a large ascending wedge (dashes) which I have been tracking from $6400. The ascending broadening wedge has an 84% probability of breaking downwards, which would cause it to close below the lower bound of the large ascending wedge (dashes) to point "E" and thereby, initiate a major move downwards.
If the ascending broadening wedge breaks upwards, we should expect a price hike to around $ 9600, where after we hope to see a breakdown from the large ascending wedge (dashes).
Rolling the dice ...
Happy Trading !
Not
A better view and some progress ...Not
Lookin' good . .good lookin' !Not
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.