Phis the chart on a longer term basis including the recent few weeks shows a DECLINING WEDGE Now obviously Phis again you show your ignorance ..you need to study charts ... I refer you to Thomas Bulkowski Encyclopaedia of charts ( $190) where there is a clear explanation of the probability of a positive break out of a declining wedge formation .
Bulkowski studied a number of chart formations and analysed the probability of a positive break out from each formation .
You may be interested to know there is "a very high probability" in his analysis of a positive break out from a descending wedge formation .
The chart provided was relevant ...again you did not do your homework.
One question ...Do you study anything ?
All the best to all
Phis the chart on a longer term basis including the recent few...
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