WABI Ascending Broadening Wedge
Wabi appears to be in an ascending broadening wedge formation, right now with a partial pullback out of it's channel.
Look for a reversal once it reaches the top at 1.272 (0.00014309)
Breakout is most likely downwards from this pattern, with a 10-15% drop likely, retrace back to Fib 0.618 (0.00011388) or even the 0.5 Fib retrace.
Look for a reversal once it reaches the top at 1.272 (0.00014309)
Breakout is most likely downwards from this pattern, with a 10-15% drop likely, retrace back to Fib 0.618 (0.00011388) or even the 0.5 Fib retrace.
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