SRMUSDT descending wedge bullish reversal in the making?
Updated
Past 5 days have presented bullish price action with a potential HL printed inside the wedge. Price currently pressing up against wedge resistance trend line.
With overall market showing signs of going higher, a breakout here is likely imminent.
With overall market showing signs of going higher, a breakout here is likely imminent.
Trade active
Initial position is live as I think this will break soon (I could be wrong). To scale in more after breakout confirmation and if a setup presents itself.Comment
first target on sight...Trade closed: target reached
First target reached for partial TP. Closed the rest manually (in slight profit) as market lost the momentum w/ an endless pullback.
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