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META Wait For The Crack

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The rising wedge is about to crack either by time or price. The drop if by price could be substantial. Bulls do not want to see this crack!
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Its about to start cracking
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Still no Trigger for a Short
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CRACK!!!
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snapshot
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META is a great example of why crossing of the line is not a big deal by itself. However, it does indicate weakness and the actual CRACK is not far away.

From this type of structure, the crack usually leads to a violent move lower.

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As you can see since the first CRACK! META has had great difficulties outperforming the bottom trendline. This is usually associated with weakness and a sharp move lower as mentioned before. CAUTION!

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AAAAAAAAAAAND! there it goes!

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MAGIC!
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3rd crack is a charm?
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RealMacro
Real Macro Economic Investing
patreon.com/Realmacro
Também em:
Chart PatternsTrend AnalysisWave Analysis

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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Chart PatternsTrend AnalysisWave Analysis
RealMacro
Real Macro Economic Investing
patreon.com/Realmacro
Também em:

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.