Daily chart price action suggests potential resumption of uptrend.
setup ~ wedge formation on daily or 8 hr chart
trigger ~ break of swing point high at boundary of upper edge of wedge
stop = 188 pips
target 1 = 94 pips
target 2 = 141 pips
target 3 = 188 pips
targets have been shortened because heading into weekend. Will be looking to close position eod Friday
setup ~ wedge formation on daily or 8 hr chart
trigger ~ break of swing point high at boundary of upper edge of wedge
stop = 188 pips
target 1 = 94 pips
target 2 = 141 pips
target 3 = 188 pips
targets have been shortened because heading into weekend. Will be looking to close position eod Friday