BULL vs BEAR SHOWDOWN

Dear Reader,

I note an ascending broadening wedge on the hourly, still within the bounds of a large ascending wedge (dashes) which I have been tracking from $6400. The ascending broadening wedge has an 84% probability of breaking downwards, which would cause it to close below the lower bound of the large ascending wedge (dashes) to point "E" and thereby, initiate a major move downwards.

If the ascending broadening wedge breaks upwards, we should expect a price hike to around $ 9600, where after we hope to see a breakdown from the large ascending wedge (dashes).

Rolling the dice ...

Happy Trading !

노트

A better view and some progress ...