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What would you do with this pattern? Shared this chart with Premium Members last week, reflecting that this asset has fallen 70% in value in the past 17 months, created a bullish falling wedge and is attempting an upside breakout.
I will be posting the answer to this quiz on Friday. If you would like to share what you would do with this pattern or would like to know what this asset is, send an email to [email protected] and in the subject line put “What would you do Quiz-12/17” and I will get you the answer as soon as I can.
Please email responses versus posting thoughts in the comment section. Thanks in Advance.
Triangle should work its way back up to resistance blue line.
Key word is “should” !