Descending Wedge

31 Mar 2018

That inverted cup and handle worked beautifully so far but be weary of the new descending wedge. first target is outlined at the 38.2 fib level around 7600ish. We can still test our bottom from February, but their will be a nice bounce. Also double bottom Stochastic RSI

31 Mar 2018

Not

But also be weary of opening any position now, we have an hourly descending triangle testing the bottom of the wedge