Post
Topic
Board Speculation
Re: [TA] Picture this! - Easy technical analysis reviews
by
InitcoiN
on 04/01/2017, 12:54:37 UTC

your pattern is wrong man.... a rising wedge doesn't break out upward ...

anyway no surprise your pattern is wrong; look at they way you draw your resistance, choosing a random point in the middle of the pump.

don't forget that ta is useful to picture overal market sentiment (or whale activity, call it how you want), and your figure doesn't draw anything.

Reversal rising wedge seems work fine on this case

(Still waiting for your hypothesis about why those should not work)  Roll Eyes