Price has broken through a key level resistance which is now support if held!
Current price is being held on the top trend line on the 4hr if it respects and does not get rejected by the weekly order block we could possibly miss this long opportunity for this entry.
- If we get rejected, $7076 is a entry point will be looking to get into a trade as we are still currently making structure and this will create a HL but price will still be in this wedge and i will be looking to possibly take profit at the bottom of the weekly order block if there is signs on rejection.
So we wait.
Current price is being held on the top trend line on the 4hr if it respects and does not get rejected by the weekly order block we could possibly miss this long opportunity for this entry.
- If we get rejected, $7076 is a entry point will be looking to get into a trade as we are still currently making structure and this will create a HL but price will still be in this wedge and i will be looking to possibly take profit at the bottom of the weekly order block if there is signs on rejection.
So we wait.