Top line is resistance and the bottom line is support.
Price is on support. Once this support is broken, it becomes resistance.
Top line slopes down and bottom line is virtually flat forming a Descending Triangle.
There is a rising wedge below price that is bearish if price breaks the bottom line of the wedge.
No recommendation.
Neutral until bottom line is cleanly broken.
Price is on support. Once this support is broken, it becomes resistance.
Top line slopes down and bottom line is virtually flat forming a Descending Triangle.
There is a rising wedge below price that is bearish if price breaks the bottom line of the wedge.
No recommendation.
Neutral until bottom line is cleanly broken.
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