âĄïļWe have gradually formed a declining wedge structure during the long decline (generally rising through this model). From this chart we can see that PA is suffering from a severe squeeze.
âĄïļThere is a possibility of forming a double bottom bullish structure, which will be established if the inflection point is breached, and the target area is near the downtrend line.ðŊ
â ïļNote that if the price does not break the inflection point as expected, but chooses to fall below the bull defense, then we will lose momentum.
Keep waiting for a clear signalâïļ
ðIf you think my analysis is useful to you, please don't forget to "like" me.âïļðŊðŠðŧ
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âĄïļThere is a possibility of forming a double bottom bullish structure, which will be established if the inflection point is breached, and the target area is near the downtrend line.ðŊ
â ïļNote that if the price does not break the inflection point as expected, but chooses to fall below the bull defense, then we will lose momentum.
Keep waiting for a clear signalâïļ
ðIf you think my analysis is useful to you, please don't forget to "like" me.âïļðŊðŠðŧ
ð Follow me so you don't miss out on any signals and analyze ðŊ
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