WaveSavvyTrades

DJI CURRENT PICTURE (RESISTANCE OR BREAK OUT?)

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SPREADEX:DJI   Wall Street, Daily
In January we had a bearish wedge formation on this symbol and were expecting a bearish move. However, price has kept grinding up. Price went through the resistance of the wedge and now currently trading in an ascending channel (which is usually bearish).

Do you see bullish continuation following break of the wedge or do you see the channel bringing price back into the wedge?

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