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Simple Breakdown:
Pattern: Bearish rising wedge + resistance rejection
Entry: $256.17 (yellow zone rejection)
Stop Loss: $261.24 (wedge top resistance)
Target: $242.93 (previous support zone)
Risk/Reward: Approx. 1:2.6 ✅
Simple Breakdown:
Pattern: Bearish rising wedge + resistance rejection
Entry: $256.17 (yellow zone rejection)
Stop Loss: $261.24 (wedge top resistance)
Target: $242.93 (previous support zone)
Risk/Reward: Approx. 1:2.6 ✅
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.