CUTR has broken out of a small downward channel and is now above the middle of a larger ascending channel
I have plotted two scenarios with the curve lines showing a lower retest scenario, and one disregarding a retest
The formation in green and red is an Ascending Broadening Wedge
Weekly timeframe
I have plotted two scenarios with the curve lines showing a lower retest scenario, and one disregarding a retest
The formation in green and red is an Ascending Broadening Wedge
Weekly timeframe