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jimjames244
16 juil. 2020 03:21

descending wedge Long

Description

with limited downside at $4 and quite close to a completion of the descending wedge pattern

Commentaire

I think this will base between $3-4 .... we shall see .... that would set up a nice double bottom and bullish crab.

Commentaires
WizardOzSing
Ok.... let's continue the conversation now that it is below $4.... and we might have completed the bearish wedge... Are we there yet?
ptihiy
Lol. Descending wedge is actually bearish wedge and has more possibility to break down. Classic example is NG with its descending wedge twards 2.1 last year.. After it was finished, red flag was drawn and NG plummeted down.
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