If this macro Falling Wedge plays out, we would see a sweep of the April 2025 tariff lows by late Q3 / early Q4 this year.
On a upward breakout, we could see price recover as high as the prior ATH in the next year.
NOTE: Falling Wedge patterns aren't esp. high success rate. Roughly 68% of falling wedges break upward, and when they do, they deliver an average +38% gain.
On a upward breakout, we could see price recover as high as the prior ATH in the next year.
NOTE: Falling Wedge patterns aren't esp. high success rate. Roughly 68% of falling wedges break upward, and when they do, they deliver an average +38% gain.
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