Ascending wedge - watch for resistance to hold or a break lower

١٩ يناير ٢٠١٨

If we break lower we should retest the earlier low for a double bottom? If resistance holds watch for a break above the wedge to confirm bullish uptrend.

١٩ يناير ٢٠١٨

ملاحظة

Resistance proving a barrier but slowly failing and volume is low. Doesn't look good

١٩ يناير ٢٠١٨

ملاحظة

Resistance held and we are still in the wedge but it looks like it is almost complete. Looks like most likely option is a fall from here but if we finally break 11800 expect the money to flood in.