Looks like a falling wedge is forming. If true, price will move quite strong.
Also, have a sign of respecting the previous supply zone.
Anyways, RR is 3.24, good enough.
Also, have a sign of respecting the previous supply zone.
Anyways, RR is 3.24, good enough.
Trade active
Consider move SL to break even point. Also, if have a lower Close on Monday, then aim for the first TP. Otherwise, this is still a Falling Wedge.
Trade closed: stop reached
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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.