manausdtperp rising wedges - 24.06.22

entry triggers:

• - wedges
  
• - volume expansion
  
• - bearish rsi
  
• - breakdown
  
• - 5 waves up
  

entry: 0.94 - 0.9170
sl: 0.9415
lev: 10x and below

• tp 1: 0.9050
  
• tp 2: 0.8970
  
• tp 3: 0.8910
  
• tp 4: 0.8850
  
• tp 5: 0.8760
  
• tp 6: 0.8650
  

Trade safe and due diligence is advised as always!

Triple resistance and pa in channels, with a wave count of 5 gives the notion that the market is due for a correction. Thus there might be a slight pump for the last sub-wave before changing the direction. Breaking the upper channel invalidates this setup, unless its a fake-out.

Trade closed manually:

tp 1, 2 hit before the pump