A huge wedge pattern with long consolidation in between
This pattern has 250++ bars or 1 year+ data. it is sustaining above fib level 0.5 or 360-365. There is a supply-demand conversion zone( golden) where it may face resistance. Entry should be after a bullish candle at the golden zone or above 400(round level). Next, there is hidden trendline(dashed), which will act as a resistance. How to trade? initiate trade with a less quantity(60%) at the round level & when it touches the hidden trendline, retrace back to the 0.5 level from the previous swing , and add more. medium-term targets- 460, 520 SL-just below fib 0.5 level. Happy Swing trading
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