Retraced to 618 fib level.
Creating a falling wedge which is bullish.
A breakout possible but there is a strong resistance as a channel.
Trade with caution and a tight stop loss.
Not a financial advice, just an idea.
Creating a falling wedge which is bullish.
A breakout possible but there is a strong resistance as a channel.
Trade with caution and a tight stop loss.
Not a financial advice, just an idea.
Comment:
Any counter thoughts appreciated
Comment:
Closed the long at 55ema