Possible restest to continue down after break of upward wedge
Updated
At 1D we see a an upward edge that broke the trend line and the support line with a gap. Currently it looks like if it was retesting back to the gap and the resistance line (that used to be support). If it does retest, it would be a nice entry to the short side at the 1H after confirmation.
PS. I already entered the trade a little bit before that and it looks like it is coming back down.
PS. I already entered the trade a little bit before that and it looks like it is coming back down.
Comment
NI broke support as soon as the market opened due to the earnings report. It could continue further until the big support at 23.00 where it could bounce back up and continue down.Comment
Took all profitsTrade closed: target reached
Tp reachedDisclaimer
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