$ETSY
Added 2023-06-17 12:29:45 +0000 UTCVery tight ascending wedge in the last few sessions and on Friday it broke down from this slightly....this formation looks bullish but it is not, it is very much bearish....buyers were drying up as this was trying to push higher....this is usually met with a sharp descent when the break down is confirmed, possibly after another test trying to get back into the ascending wedge.
The count remains the same, if you like $ETSY, we know that we should never wait until the bottom, wait for the break down and where it finds support before entering.
