On Daily,
it clearly pulling back from impulsive Bearish move for a long time. In the Rising Wedge OR it can be a reversal the previous Bullish move did't reach the previous high.
this means that it might go back down one more time.
On the lower time frame, 10Minutes, it seems, it's pulling back "Correction" . If the trend line breaks and confirms, I would consider going Bearish.
it clearly pulling back from impulsive Bearish move for a long time. In the Rising Wedge OR it can be a reversal the previous Bullish move did't reach the previous high.
this means that it might go back down one more time.
On the lower time frame, 10Minutes, it seems, it's pulling back "Correction" . If the trend line breaks and confirms, I would consider going Bearish.
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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.