I am brand new to charting and trying to learn T.A.... I am asking for advice on if my ideas are even close to what others are thinking. I have used the fib tool and this pullback on the daily is sitting perfectly on the 236. I have an ascending wedge, that hopefully we can break out to the upside in the next few days. I believe with the ascending triangle and descending volume, this would technically be bearish, but that's not how I think. I am a long term holder so I don't trade on leverage, but if I did, I would probably go long with a close stop loss.
Any feedback would be greatly appreciated. I am a beginner so please be gentle lol
Any feedback would be greatly appreciated. I am a beginner so please be gentle lol