Standard Bank - Sell short
Wedge within a wedge - I just invented this pattern. I dub thee 'the wedgy pattern' (TM).
Price has gapped under the inner wedge.
Shaded area represents an important area for price to maintain.
A break of outer wedge would confirm my trade thesis. Sell short.
Historically, volume spikes seem to imply a start of a short-term downward trend. This holds true for the last 6-10 months.
Price has gapped under the inner wedge.
Shaded area represents an important area for price to maintain.
A break of outer wedge would confirm my trade thesis. Sell short.
Historically, volume spikes seem to imply a start of a short-term downward trend. This holds true for the last 6-10 months.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.