Falling Wedge has formed on JUPUSD within a very dominant down channel
However it is within a down channel price still has the potential to break out to the upside
This is due to the presence of a falling wedge (in yellow)
A double bottom is also present within this wedge (Comparable to a previous circle in green)
Upsides are possible
However it is within a down channel price still has the potential to break out to the upside
This is due to the presence of a falling wedge (in yellow)
A double bottom is also present within this wedge (Comparable to a previous circle in green)
Upsides are possible