Bearish Rising Wedge/flag 1D Chart
A Rising flag from a downtrend is a possible correction before dumping further to the downside.
Possible to break to the upside through more volume or CPI data can change the momentum.
Breaking to the upside wont be easy with multiple resistances close to one another.
breaking to the downside have multiple support lines. 22.5k and 21.7k are major support lines.
Possible to break to the upside through more volume or CPI data can change the momentum.
Breaking to the upside wont be easy with multiple resistances close to one another.
breaking to the downside have multiple support lines. 22.5k and 21.7k are major support lines.
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