Sentences with phrase «wedge pattern which»
Technically, much like Ethereum, NEO too is in the proces of making a falling wedge pattern which would give fresh momentum to the bulls after the breakout.
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The consolidation pattern in which Netflix has traded since then could be labeled a wedge pattern, which good traders will respect as nothing more than a sideways trot that could resolve in either direction.
Unlike the channel which is open - ended, the triangle or wedge pattern can give you some sense as to when a breakout might occur.
NEO / USD is edging back towards a falling wedge pattern on the daily time frame, which the price broke out of on Monday when the market was in retracement mode.