IWM - Rising Trend Channel [MID-TERM]
🔹Rising trend breaking downwards in medium long term.
🔹Between support 170 and resistance 199 in Rectangle Formation.
🔹Broken through support at 188, indicating a falling direction and predicting further decline.
🔹RSI curve indicates a potential early indication of a falling trend in the price.
🔹Technically NEGATIVE for the medium long term.
Chart Pattern:
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
🔹Between support 170 and resistance 199 in Rectangle Formation.
🔹Broken through support at 188, indicating a falling direction and predicting further decline.
🔹RSI curve indicates a potential early indication of a falling trend in the price.
🔹Technically NEGATIVE for the medium long term.
Chart Pattern:
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
The most profitable U.S. Stock VIP Signals in Telegram Channel. #WavePoint 🌊
For more info:
Threads: threads.net/@wavepoint99
Telegram: t.me/Wel_99
TradingView: bit.ly/43y7zC6
Twitter: twitter.com/wavepoint99
For more info:
Threads: threads.net/@wavepoint99
Telegram: t.me/Wel_99
TradingView: bit.ly/43y7zC6
Twitter: twitter.com/wavepoint99
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