Rising wedge formed. 42300 support retesting

١٦ ديسمبر ٢٠٢٣

You never know when a rising wedge will break really but one thing for sure is you don’t go long when you see it forming.

Rising wedges can be invalidated by a violent breakout. However, that usually results in an upper wick and falls back down anyway.

Cheers GL. This is a follow up from my previous in depth analysis.

١٧ ديسمبر ٢٠٢٣

ملاحظة

Update on rising wedge. Since 42.4k alert that's almost a 1K drop. Next level to watch for 41420. We are under liquidity zone from Friday now.

١٨ ديسمبر ٢٠٢٣

ملاحظة

Rising wedge update. All targets hit. Watching next support break, if applicable.



40.1k - 40.6k will be a tough one as indicated.