The rebound towards 12.300 was delivered earlier than expected as 4H broke to the upside. On a 1W basis, ETCUSD
remains within a Falling Wedge
= -2.444, Highs/Lows = -1.7035, B/BP = -4.4350) but on a 1D basis, we expect sideways trading inside a 10.000 - 12.000 Rectangle
(Williams = -48.571, CCI
= -22.2787, Highs/Lows = 0.000
). Once this consolidation breaks, our TP = 9.5050 will most likely be accomplished.