Looks set for a retrace before moving up within the wedge. Looking for signals for an upwards break.
May see a slow grind down with long weekend in US and will keep this on radar
Not
May not be enough upward momentum to break upper TL yet - could be a small double top on 1 hr / 30 min for move to bottom TL
Not
close up of possible double top:
Not
Wait for retest of bottom TL and if it holds will enter long
İşlem aktif
Took decent pips down and now using half profit earned for aggressive entry into long with stop below recent structural support
Not
Lets hope that this is a false break of the TL - hence why above was an aggressive entry. If PA holds at current level ( 1.042 ish ) then upwards move more likely
Not
Bears first attempt to take 1.04 support and bulls holding - 1.04 break will clear way for one more push down. Suspect that wedge is no longer valid but wait and see in the coming days
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