Facebook wedge pattern possible brakeout for NASDAQ:FB by Momentum2963 — TradingView



Facebook built a 3 months wedge pattern.

Bottom edge tested successfully by hammer candle supported by 0.236 FIB.

Stable upward primary trend points to an brakeout of upper edge.

MACD just before crossover indicates strengthening short-term upward momentum.

CRV = 5,71 / Stop Loss below 0.236 FIB / Take Profit at 1.23 FIB


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