When we look at the chart we can see that the price is at a wedge. If the price is able to break above it we could consider to go long.
We do have to wait for the confirmation.
Please let me know in the comments what you think of it.
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We do have to wait for the confirmation.
Please let me know in the comments what you think of it.
If you like the idea don't forget to give it a like and follow me for more ideas.
If you have any questions, feel free to PM me.
Comment:
Price didn't really give us a good signal for a breakout but I went long on the touche of the support zone because it looks like price was unable to break below it. Keep in mind if you go long place your SL just below the support zone. That is what I would recommend.