Here's a cleaner ascending wedge than the one in the last idea and a path as well. I still consider this bearish as long as it remains below $30 regardless of the wedge, but it's another confirmation.
If the $30 area is broken and holds on any retests, I'd say the trend will have flipped bullish and we'll have to see how it reacts when it gets back to the area it dumped from.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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