PHBUSD - Rising Wedge Breakdown
A large rising wedge triangle is forming
These tend to break down bearishly, being a bearish pattern
I expect a drop down to the green up line and the orange horizontal line
The green up line is a stronger support line for price.
Daily Chart
These tend to break down bearishly, being a bearish pattern
I expect a drop down to the green up line and the orange horizontal line
The green up line is a stronger support line for price.
Daily Chart
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