Emerging Falling Wedge detected on ASX 200 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 8161.4 and it is expected to move to 8108.6000.
A Falling Wedge has formed, ASX 200 is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
