DislikedHi guys , ive been looking at that daily break out and thinking price has broke a nice falling wedge. Have I got that correct? And is that a correct target based on the wedge?
I’m thinking we might have more upside movement on Sunday on my hourly
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I would be careful assuming that your potential target would be hit based on your pattern (although, your calculations is correct) since your lower TL have been "taken out". I'm not saying that you're wrong about that particular wedge, it just not a perfect one (including all swings) according to "the book" which make our pattern more credible.
The only patter I have now on cable is symmetric triangle on 30m chart targeting 2.0060;
Measure twice, cut once