8h Rising Wedge Targets Bottom of Daily Falling Wedge

31. Mai 2023

The 8 hour chart shows a rising wedge. Its 1.5x target lies near the bottom of a larger falling wedge as seen on the daily or weekly charts.

Short until reaching the bottom of the wedge, then long.

21. Juni 2023

Trade geschlossen: Ziel wurde erreicht

First target reached after a failed breakout of both the rising wedge and the larger falling wedge

I still think we're headed all the way to wedge bottom, and possibly lower