Falling wedge, TD count 9.
Price moving through a descending channel.
Needs breakout of the falling wedge.
First target ideally 700b.
Idea invalidated on breakdown of descending channel.
Watch it.
Price moving through a descending channel.
Needs breakout of the falling wedge.
First target ideally 700b.
Idea invalidated on breakdown of descending channel.
Watch it.
Comment:
So far sor good.
Now we need that first green candle confirmed on W close.
Now we need that first green candle confirmed on W close.
Comment:
Not bad.
Comment:
650b.
Not far from ideal 700b target.
Not far from ideal 700b target.
Comment:
660b.
Trade closed: target reached:
700b nailed already and close to resistance.
Enough for the scope of this analysis.
Enough for the scope of this analysis.
First fince april.
Watch weekly close.