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META Wait For The Crack

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The rising wedge is about to crack either by time or price. The drop if by price could be substantial. Bulls do not want to see this crack!
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Its about to start cracking
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Still no Trigger for a Short
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CRACK!!!
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snapshot
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META is a great example of why crossing of the line is not a big deal by itself. However, it does indicate weakness and the actual CRACK is not far away.

From this type of structure, the crack usually leads to a violent move lower.

snapshot
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As you can see since the first CRACK! META has had great difficulties outperforming the bottom trendline. This is usually associated with weakness and a sharp move lower as mentioned before. CAUTION!

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AAAAAAAAAAAND! there it goes!

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MAGIC!
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3rd crack is a charm?
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RealMacro
Real Macro Economic Investing
patreon.com/Realmacro
Aussi sur:
Chart PatternsTrend AnalysisWave Analysis

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Chart PatternsTrend AnalysisWave Analysis
RealMacro
Real Macro Economic Investing
patreon.com/Realmacro
Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.