Description
⋅ 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.
Comment
⋅ Possible green TD candle looming.
First fince april.
Watch weekly close. Comment
⋅ So far sor good.
Now we need that first green candle confirmed on W close. Comment
⋅ Comment
⋅ 650b.
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.