Price is now in a rising wedge formation, & failed to breakout of the strong area of resistance (looking left). Will be waiting for a breakout of the wedge pattern along with the current uptrend structure to confirm that price will start making its way back lower once again this week.
Ideas will be updated through my public telegram channel, link is in bio if intersted! Thank you all for your support & have a great trading week ahead! :)
Ideas will be updated through my public telegram channel, link is in bio if intersted! Thank you all for your support & have a great trading week ahead! :)
Comment:
H2: Double top formation, waiting for a breakout of structure & pullback to look into taking a short trade.
Comment:
D1: Looking left, price has reacted very strong off this level in the past, and is now showing some indecision candlesticks at this key area once again now.