Recently I saw a pattern like this develop on the S&P 500.
That one broke down quickly and I would expect the same here, if it does. Either way we have two nice trade plans here, let's keep an eye on it
Good luck, Traders
Nota
that's probably a false breakout so even tho we touched the box I wouldn't short. These ascending/descending wedge patterns I like to see break late. Gold had a big fakeout in a pattern like this but overall it ended up being valid afterwords.
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