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Isn't this message clear enough?
Well, joking aside, the read lines also gives a dangerous message (if you are long).
The falling wedge which usually is bullish and usually broken on the upside broke on the WRONG side yesterday.
Downside breaks of rising wedges, when broken downside, as they "should", are usually followed by swift moves.
Breaks , downside, out of FALLING wedges are usually even more swift.
What may moderate the action, is the fact that the break is somewhat closer to the apex than an ideal break would have been.
(it also gives a suspicion of a false break - so it's a good idea to have a stop and reverse order in mind)
And the Arrow?
Well, hmmmmmm
stig
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