We have a larger HTF ascending structure with an ascending wedge within. Our bias is short as we are at the top of structure. Looking for a bearish impulsive breakout and bear flag continuation after the breakout for the entry.
I started shorting into the wolf wave pattern and it was confirmed today with massive supports breaks along with a double top neckline break on a smaller time frame.
Testing the waters with BCO as I see weakness. Going in light and will add as I see confirmations with my trading systems.
First target is 2:1
Second target 4:1
This is a good opportunity for trade - keep watching and will give you soon profit!
see which level will be broken :)