You can see I took a position right when price hit the supply zone.
Upward wedge gives a downward bias. Vertex of wedge ends right at supply zone. This gives confirmation of a valid wedge. Also volume profile gives 3rd confirmation.
My target is the demand zone seen below.
Upward wedge gives a downward bias. Vertex of wedge ends right at supply zone. This gives confirmation of a valid wedge. Also volume profile gives 3rd confirmation.
My target is the demand zone seen below.
Trade active:
So far trade is moving in right direction