Unfortunately, my previous idea wasn't zoomed out enough.
As we can see, we have one big falling wedge on 4h and one smaller on 1h.
Tp 1 is for the smaller wedge, but it can also go lower for the top line of the big wedge.
TP2 is for big wedge and if it is valid, it will take some time to fill.
Good luck and trade safe.
As we can see, we have one big falling wedge on 4h and one smaller on 1h.
Tp 1 is for the smaller wedge, but it can also go lower for the top line of the big wedge.
TP2 is for big wedge and if it is valid, it will take some time to fill.
Good luck and trade safe.
Note
Looks like we had a fake break out of the smaller wedge, but this new drawing is the previous bull flag where price is now testing bottom line. 
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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.