from first hours of this last move up to 8800 i was skeptic. even though i traded this move but i got out of market yesterday by parking on USD. i just thought that this move to 8800 more and more is getting similar to wave 5 on wave principle (elliot wave theory) and now by forming a possible Rising wedge it is going to be a very one actually.
So
If we see a dump to the upward support line of rising wedge, the relative high (swing high at 8800) will be confirmed and considering that: we would have a perfect rising wedge.
Happy shorting that after breakout.
So
If we see a dump to the upward support line of rising wedge, the relative high (swing high at 8800) will be confirmed and considering that: we would have a perfect rising wedge.
Happy shorting that after breakout.
Comment:
Trade active:
