Analysis:
bigger timeframe: uptrend
smaller timeframe : downtrend
price formation compressed & make rising wedge pattern.
Strategy :
short until price touch nearest demand zone (blue box at 39.6 - 40.00)
long after significant reversal pattern after touching demand zone.
Disclaimer:
There's no 100% accurate prediction & strategy. Force majeure & institutional trader action maybe happen any time. Please use your money management well.
bigger timeframe: uptrend
smaller timeframe : downtrend
price formation compressed & make rising wedge pattern.
Strategy :
short until price touch nearest demand zone (blue box at 39.6 - 40.00)
long after significant reversal pattern after touching demand zone.
Disclaimer:
There's no 100% accurate prediction & strategy. Force majeure & institutional trader action maybe happen any time. Please use your money management well.