We break and retest the falling wedge . We got MACD and RSI divergence and 0.6700 is a very strong weekly support. We also sitting on the 50% fib.
Trade carefully and be patient. Always wait for a break retest.
Trade carefully and be patient. Always wait for a break retest.
Note
Weekly view
Note
Again, no need to be an exact tp, once you feel comfortable with your profit you can close a partial profit and put SL at break even
Note
took some profit and the rest got stopped at break even. Lets see if we reject that zone again and we could reenterNote
Came back to retest and boom we go up
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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.