On higher TF (Monthly and Weekly) price is in correction phase after previous massive rally.
On Daily TF, u can see a rising wedge pattern which potentially indicate a bearish movement
On 4 & 3 Hours TF u can see a breakout of Daily/Weekly trendline. Would love to see a clear correction structure before taking a short position
* Key is to wait for price action and structure
On Daily TF, u can see a rising wedge pattern which potentially indicate a bearish movement
On 4 & 3 Hours TF u can see a breakout of Daily/Weekly trendline. Would love to see a clear correction structure before taking a short position
* Key is to wait for price action and structure