SAND/USD downward wedge and profit prediction zone

29 нояб. 2021 г.

When the price broke the upper trend line of the wedge my prediction for the profit taking zone was 38% from the bottom of the wedge, based on the using the price range measuring tool to measure the open end of the wedge which was 38% at 23 bars. This time was dead on as we can now see retracement once 38% increase happened.

29 нояб. 2021 г.

Заметка

EDIT at 03:57

leaning towards short term bearish, looking for confirmation on what appears to be a evening doji star and strong volume