There is possible bullish wedge here. It's not the best one but there are many good characteristics of a wedge. I am going to play it safe and will wait a bit more before i will get in. I want to see it go towards the support line one more time and see it get find some support there. Then i will get in with half a position and make the position complete after the breakout.
Note
We rallied a bit sooner than i though on Friday, but have dropped back down again. Seems like a good level to get in with the first half. I will keep waiting for the second half.Note
Still following the wedge pattern here, i am still waiting for my second half for the breakout of that wedge.
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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.