Live monitoring of the Rounding Bottom setup on EW. See where price is heading.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Sideways movement between parallel supports.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
A clear signal has emerged for Edwards Lifesciences (EW) on the daily chart. With a last close of $81.05, volatility remains active (-0.26%). Algorithmically, a Bearish Flag structure has completed. The trend indicator is reading 6.6/100, suggesting moderate momentum. A potential breakout level is identified at $77.6, targeting $64.94 with support near $83.76 (R:R 2.06).
What is your outlook on EW?