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Market Crash - SPX Ascending Wedge From 2018.

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Not only do we have bearish patterns on some shorter term time frames, but we're also seeing it on much larger term time frames as well. This is yet another ascending wedge, but this time it's one that has formed over a 5-6 year period. If it is broken to the downside, the move will most likely be substantial, but it may take a while. Analyzing a 1 week chart showing the past 20 years is a completely different story than what you would see on a 1hr chart showing the last 20 days.

investopedia.com/articles/trading/07/rising_wedge.asp
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Chart PatternsTrend Analysis
AdvancedPlays
You reap what you sow.

VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Anche su:

Pubblicazioni correlate

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.