Falling wedge pattern

13 ม.ค. 2022

A beautiful falling wedge appeared on the weekly chart. Normally, this is a bullish pattern. Combining it with the indicators, also with the price movements, then we get a bullish outlook. MACD indicator just painted a bullish divergence with higher lows on the indicator and lower lows on the chart. Besides that, we retested Dec 13. lows and it failed to sink below.
Support-Stop: 21,97
Resistance: 25,68
Target: 27,76