I am accumulating a long position here at the bottom of this falling wedge that I see. The indicators also look great as does the 4 hour time frame. I feel safe with this position because the 4 hour chart also looks ready for reversal and we are near the neck line of our inverse head and shoulders. I will look to exit if we break downward out of the falling wedge and my exit will be at the top of the wedge or, if the indicators still look good, on the break of the falling wedge.
Trade closed: target reached