Price shot up from demand zone, forming a rising wedge near the supply zone.
A potential reversal to the downside could be in play.
Awaiting breakout of wedge and a retest to confirm bearish setup.
A potential reversal to the downside could be in play.
Awaiting breakout of wedge and a retest to confirm bearish setup.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.