ALL time frames are showing bear signals.YEP all of them!
We drew major key levels on weekly and monthly charts based on the western chart. Own the chart to change the timeframe.
Price is pushing towards the median line of the slope. Which it does plus 70% of the time.
Price is below both 21 MA and 8 SMA.
Go to our Instagram for Wedge Analysis!
45 PIPS target!
SL and TP on the chart.
We drew major key levels on weekly and monthly charts based on the western chart. Own the chart to change the timeframe.
Price is pushing towards the median line of the slope. Which it does plus 70% of the time.
Price is below both 21 MA and 8 SMA.
Go to our Instagram for Wedge Analysis!
45 PIPS target!
SL and TP on the chart.
Trade closed: target reached