Use this as a guide to develop your setup:
Main items we can observe on the chart:
a)The price is inside a Wedge Pattern (Main Structure)
b)Wedge Pattern are considered structures that tell us about the end of a current trend and the coming of a reversal movement,
c)Currently, the price is on a critical Support level (124-100) we think that is the zone in which a reversal may occur
d)If that happens, we expect a bullish movement towards the Secondary trendline (yellow dash-dot)
e)There, a corrective Structure may occur, that will be the filter we are looking on, to confirm that a new bullish trend must be coming
Main items we can observe on the chart:
a)The price is inside a Wedge Pattern (Main Structure)
b)Wedge Pattern are considered structures that tell us about the end of a current trend and the coming of a reversal movement,
c)Currently, the price is on a critical Support level (124-100) we think that is the zone in which a reversal may occur
d)If that happens, we expect a bullish movement towards the Secondary trendline (yellow dash-dot)
e)There, a corrective Structure may occur, that will be the filter we are looking on, to confirm that a new bullish trend must be coming
