Price played out analysis perfectly.
Wanted a daily break through that previous resistance and wedge structure before executing buys and got that yesterday. However, price closed too far away from support and thus RR would have been sub-optimal.
800 1D EMA identified earlier in the week as another ceiling has also played out down to the single pip with the doji forming on the daily.
Clear break of structure though sets us up for a bullish push next week!
Wanted a daily break through that previous resistance and wedge structure before executing buys and got that yesterday. However, price closed too far away from support and thus RR would have been sub-optimal.
800 1D EMA identified earlier in the week as another ceiling has also played out down to the single pip with the doji forming on the daily.
Clear break of structure though sets us up for a bullish push next week!
