Following a 4 hourly push down in the form of a falling wedge, we see price breaching the upper trend line of the wedge (as seen on the 1H).
Price is also bouncing off a strong daily support, further encouraging buy positions to be taken.
Before looking for this trade, we will wait for confirmations of price making a double bottom on the daily level.
Trade with patience and appropriate risk management.
Price is also bouncing off a strong daily support, further encouraging buy positions to be taken.
Before looking for this trade, we will wait for confirmations of price making a double bottom on the daily level.
Trade with patience and appropriate risk management.