Price moving in a potential falling wedge pattern. Best practice will be to wait for the break of this pattern and long the re-test on the top trend line of the wedge.
But counting its potential wave move it suggest a typical formation of the last leg towards the downside of the wedge.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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But counting its potential wave move it suggest a typical formation of the last leg towards the downside of the wedge.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
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focus more on the strong support zone
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