We have a clear view of 2 wedges and their obvious outcome.
The current descending wedge about to break around the 47k line.
I believe it'll still hit resistance at the 50500 - 51000 border.
What do you think? will it bounce back and drop even lower or start ascending again?
The current descending wedge about to break around the 47k line.
I believe it'll still hit resistance at the 50500 - 51000 border.
What do you think? will it bounce back and drop even lower or start ascending again?