SQ ready to short?
Diupdate
Bearish rising Wedge - “Because a continuation wedge in an uptrend should slope downward against the prevailing trend, the rising wedge is a clue to the chartist that this is a bearish and not a bullish pattern.”
Excerpt From: John J. Murphy. “Technical Analysis of the Financial Markets.” Apple Books. books.apple.com/us/book/technical-analysis-of-the-financial-markets/id623384304
Excerpt From: John J. Murphy. “Technical Analysis of the Financial Markets.” Apple Books. books.apple.com/us/book/technical-analysis-of-the-financial-markets/id623384304
Catatan
Good timing to enter the short position - Support was broken.
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