Dear Traders,
it looks quite clear that a falling wedge is forming on H4 over the support around 1000$. If the same candle will be printed on today daily timeframe
the up trend is likely to restart.
I would personally tempt a short term trade with SL just below the candle at 940$ and a first TP around 1134
thanks for your reading!
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Not financial advice. Please add your thoughts and comments and put a like in case you appreciate ;-)
it looks quite clear that a falling wedge is forming on H4 over the support around 1000$. If the same candle will be printed on today daily timeframe
the up trend is likely to restart.
I would personally tempt a short term trade with SL just below the candle at 940$ and a first TP around 1134
thanks for your reading!
-----------------------
Not financial advice. Please add your thoughts and comments and put a like in case you appreciate ;-)