$DD Pattern Has Widened, But Target Remains

Back in this tweet, I pointed out what I understood to be symmetrical triangle on $DD. And though it has since broken lower, it has little effect on the pattern, so long as we remain above the February high (other than taking longer to develop). With the divergence that has formed, I still believe it is sensible to target the upper trend line.

DD

Read more “$DD Pattern Has Widened, But Target Remains”


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.