yes it's one we discussed maybe but nothing confirmed. Otherwise
here's my version, a proper wedge is not drawn from the highs
because your a is on the down wave. wedge patterns are 5 wave
abcde.
could yesterday have marked e of the wedge? perhaps, or
could you still see another move down to complete e?
Otherwise more bullish if e does not test the lower portion of the
wedge trendline but inside forms a higher low within the wedge
see attached image showing a couple possibilities
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yes it's one we discussed
Could it be this simple?
Posted by matt on 25th of Sep 2020 at 11:39 am
yes it's one we discussed maybe but nothing confirmed. Otherwise here's my version, a proper wedge is not drawn from the highs because your a is on the down wave. wedge patterns are 5 wave abcde.
could yesterday have marked e of the wedge? perhaps, or could you still see another move down to complete e? Otherwise more bullish if e does not test the lower portion of the wedge trendline but inside forms a higher low within the wedge
see attached image showing a couple possibilities