GRAIL Retracement

26. Aug. 2023

This is a general Inverse HNS retracement if we get a boucne within 422-723 the wedge is setup for the upper range if we get the 723 bounce otherwise the redline is the drop setup for a worst case scenario. This theory is based off a lower low double bottom spring up. THis would retest the upper green supply zone and the lower green as the demand zone representation. The future of the wedge will be the hidden reversal if we do a inverse cup drop at the resistance range. This is just a theory and not to be taken as findancial advice.
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