Price has broken above the wedge, but is rejecting the upper channel, and is only 40 pips short of touching the multi month channel which started in August 2015.
It's not a proper pinbar, and it's only on the 4hr, so I will place an order entry well below the wedge just to be safe.
Daily
Weekly channel
- Rejection of upper wedge channel
- Rejection of upper multi month channel
- Rejection of Fib 38.8% retracement level
- Rejection of previous S/R level
It's not a proper pinbar, and it's only on the 4hr, so I will place an order entry well below the wedge just to be safe.
Daily
Weekly channel
Trade closed manually
Not triggered
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.
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.