WDAY is above the neckline of a multiple bottom/inverse head and shoulders pattern.
The neckline is a source of support after price is above it. The upper trendline of the triangle is also support once price is above it.
Large Descending Triangle and price is over the upper trendline which can now be a source of support. Descending triangles can break to the upside, ascending triangles can break to the downside. A triangle is a consolidation pattern and price forms a vacuum as the trendlines converge. Price will break one way or the other eventually. Possible stop under neckline or where you see support.
No recommendation
The neckline is a source of support after price is above it. The upper trendline of the triangle is also support once price is above it.
Large Descending Triangle and price is over the upper trendline which can now be a source of support. Descending triangles can break to the upside, ascending triangles can break to the downside. A triangle is a consolidation pattern and price forms a vacuum as the trendlines converge. Price will break one way or the other eventually. Possible stop under neckline or where you see support.
No recommendation
노트
The bulls take a stand at these bottoms and have not let it go below 217ish so far.면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
