TradeWize · free chart read
ARB11841 broke out of a falling wedge this bar on thin volume inside a weekly uptrend. Below $0.20026 the break has failed.
What the read found
- Trend: a series of higher highs and higher lows over the window, 5 steps across 43 bars — and that run is OVER: price closed below the last higher low 3 bars ago. Do not describe it as a trend that is still running.
- Formation: falling wedge — Broke above $0.20026 this bar on thin volume. No retest yet.
- Decides above: $0.21177 (the double top)
- Decides below: $0.20026 (the breakout)
- Resistance: $0.23153
- Resistance: $0.25050
- Level history: The last three times price reached $0.23153 it held every time, bouncing 17% on average.
- Level history: The last two times price reached $0.25050 it held once, bouncing 23%.
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Every figure on this page was computed from the real candles up to 2026-10-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns