I think if the price breaks the orange resistance line it'll be safe to go long unless if it fails and retraces towards the yellow support line, then it may go short for sometime before it breaks it, or it'll be gaining momentum to go up again and break the orange resistance line.
A move in the short direction is about to emerge.
A rising wage is formed and price breakout going in a short direction.
Price seen rising above the cloud and confirmation is clear on the daily time-frame.
A long shot is expected when price breaks the broken RED line. ------------------------------------------------------------------------------------- Please share your views and thoughts in the comments section below HAPPY EASTER GOOD FRIDAY PEOPLE :0
Short buy seen on this H1 chart. Please also share your ideas & comments on the comments session. I'd love to learn from you. --------------------------------------------------------------- THANK YOU ;)
A clear downtrend is seen shown by the regression trend. A sell limit is set to ensure our sure entry.
H4 triangle formed and clear uptrend on 15m chart.