Hi!
So the target point of a megaphone pattern AKA a broadening wedge pattern, is 60% of the pivot length on a bullish breakout.
As shown in the chart, that point has been reached.
People keep saying yes but we are in a leading diagonal, but IMO we cant say that. leading diagonals are extremely rare. i think the time of tanking is upon us. and maybe sooner then we expect.
So the target point of a megaphone pattern AKA a broadening wedge pattern, is 60% of the pivot length on a bullish breakout.
As shown in the chart, that point has been reached.
People keep saying yes but we are in a leading diagonal, but IMO we cant say that. leading diagonals are extremely rare. i think the time of tanking is upon us. and maybe sooner then we expect.
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.