MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS Chart, page-1252

  1. 298 Posts.
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    If anything, I suggest to stay with the falling wedge, because there is nothing symmetrical about this.


    Personally I’m not so concerned about the price action not really touching the trend lines, because that as you said could possibly adjusted. However what about those 5 waves, from the high to the eventual low, making up a bullish falling wedge pattern. I count plenty more waves than just 5 waves from high to low/low to high. So that makes me believe, that it is not a falling wedge at all! 
 
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