Here you can clearly see we are in a Falling Wedge - but this will break Bullish because it's part of a Bullish continuation in an uptrend on our FET daily chart . We are very near the end of this wedge structure and will be breaking upwards from it . Notice there is very low volume now near the end of this wedge - that is actually confirmation of our wedge . A big volume burst should happen on breakout - and it's very possible there will be retest of that line after breakout . But then we should continue back up at least to the previous recent highs - and beyond . By the end of October this should be going up again. Of course our previous triangle structure got invalidated - that happens sometimes - but this Wedge seems valid and I believe this will play .
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.