Forming Rising Wedge on 1hr chart - Waiting for confirmation
Depending on the volume uptick in the following hours the falling wedge pattern could be validated.
At the moment 60% chance to break on the upside, could increase to 70% with an increase in volume.
Entry at the next touch on the support line of the wedge and TP around 5725
A safe stop at around 5570 for around a 4 to 1 risk reward ratio
Trade Safe.
At the moment 60% chance to break on the upside, could increase to 70% with an increase in volume.
Entry at the next touch on the support line of the wedge and TP around 5725
A safe stop at around 5570 for around a 4 to 1 risk reward ratio
Trade Safe.
Copy automatically my trades on 1broker!
1broker.com/?r=47614
1broker.com/?r=47614