Liked by Kazu Williams and 5 others
In The Exchange you can ask and answer questions and share your experience with others!
Falling wedge is considered bullish, but concur there's no certainty.
Quick Q - why are you looking at it in % terms and not just price? Is there any additional insight that I am missing?
Separately to that, it'd be quite fun if this ends up being a falling wedge and we break back to $100 Oil. Anything is possible these days...
Yeah honestly it just happened to be in % terms as opposed to dollars lol. Yeah does it break up or break down? the future is unknown but the risk and reward is set up.
Hi Jeremiah S,
If the pattern holds, looks like it might be a good time to short futures. Looks like a macro downtrend. Thanks for posting.
Very possible. Either it breaks up or it breaks down. or maybe it just chops around lol.
Lol, well that about covers all the future possibilities. 😂
Please don't short this.
I promise to not vertically challenge this. hahaha.