Looks to be an ascending wedge. Measured move, target, predicted price path, Divergences, and fib levels included. This week's Biotech Sector Video Analysis: youtube.com/watch?v=KOhuLPNMDPU
I think your labeling of the ascending wedge is incorrect given that the pattern formed in a down trend. A should be at the first measured move up ending 6/28 and revised for other labels and terminating at your projected D price target.
This rational is supported by the labeling I have for XBI and the corrective 4th wave that may have concluded yesterday.
UnknownUnicorn762819
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you also included the video for XBI...never mind bro good work...
UnknownUnicorn762819
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LABDLABU they both follow XBI and behave according to it...
Analyze XBI for short setups and play labd but biothech is still in a uptrend...Indicators look crazy but is happening because the bullish momentum in the monthly is getting strong.
Keep analyzing hard and helping this community growth... Good luck
This rational is supported by the labeling I have for XBI and the corrective 4th wave that may have concluded yesterday.