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Evening One: Maximum Buttz: Wedge Apex Indicator Experiment
9 months ago
5
I’m testing my favorite technical analysis pattern, the Wedge Apex Indicator. It tends to be a signal for an impending bull run to the viscinity of the Wedge’s Apex (the junction of the descending & ascending green diagonal lines).
Price action has produced a closing wedge, which will reach its apex on Wednesday Sept 25th.
Hypothesis: Within the next three weeks, this chart will demonstrate a breakout from 5.21 to at least 6.45. This will be demonstrated with a green candlestick, or a series of candlesticks, towards the green line intersection within 3 weeks.
Bullish prediction: + 6.50 by Sept 25th- October 7th.
Progress so far: +5.20% from 5.21 to 5.46
Thanks for reading! Updates coming soon!
Good luck to all!
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