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Thursday, February 25, 2021 10:24:01 AM
Informative link... but the key ?? I’m interested in was
“The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern...The differentiating factor that separates the continuation and reversal pattern is the direction of the TREND WHEN the falling wedge appears. A falling wedge is a continuation pattern IF IT APPEARS IN AN UPTREND and is a reversal pattern when it appears in a downtrend.”
“February 1st it’s up 680%”
“up over +12% from 7 days ago.”
I would call that an uptrend. But I’m not Warren Buffet ????
https://www.dailyfx.com/education/technical-analysis-chart-patterns/falling-wedge.html
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