Rising Wedge Broken!
So far price has fallen out of this pattern, let's wait for the retest and see where price goes!
So far price has fallen out of this pattern, let's wait for the retest and see where price goes!
Commento:
created successive lows, bulls have 10 minutes to get this back, or we could be free-falling
Commento:
Lower low, Lower close on 15 minute...not looking good for the bulls today
Commento:
Yet another lower close...how much lower will price go today? We're now close to the bottom of the consolidation zone! Could we be in for a bullish surge going into lunch?
Commento:
Consolidation zone has been respected...might be the start of an upturn. Waiting for confirmation
Commento:
structure broken, retracement confirmed
Commento:
End of day!, and price did recover 20 pips, but couldn't break out the lowest quadrant of the consolidation zone. Maybe that can happen over night.
