For now this rectangle is trying to break to the downside. It does look as if todays candle wick is struggling to stay inside the horizontal trading range.
I was wondering how long price would remain in the rectangle top with such a large gap underneath as well as the lack of a handle forming for the prior cup.
The 2 trendlines of the rectangle are marked in small white numbers and targets are over the rectangle had this broken to the upside. Targets beneath the rectangle are for a break to the downside (171.60) with a confirmed downtrend.
I am waiting on this one.
No recommendation.
A rectangle is a neutral pattern until a trendline is broken with a trend in that direction.
I see the FED guy is on TV right now and my alerts keep texting my phone like crazy right now which means stuff I have entered is hitting down targets I entered. I hope it is not more bad news )o:
I was wondering how long price would remain in the rectangle top with such a large gap underneath as well as the lack of a handle forming for the prior cup.
The 2 trendlines of the rectangle are marked in small white numbers and targets are over the rectangle had this broken to the upside. Targets beneath the rectangle are for a break to the downside (171.60) with a confirmed downtrend.
I am waiting on this one.
No recommendation.
A rectangle is a neutral pattern until a trendline is broken with a trend in that direction.
I see the FED guy is on TV right now and my alerts keep texting my phone like crazy right now which means stuff I have entered is hitting down targets I entered. I hope it is not more bad news )o:
ノート
If you can’t spot the sucker 30 minutes after sitting down at a table,it’s probably you.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。