Rising wedge formed on the daily/ 4 hour chart and is respecting the 0.5 fib level well.
Will be waiting to enter short on this pair once the price breaks down past the lower trend line.
Will be waiting to enter short on this pair once the price breaks down past the lower trend line.
Note
4H approaching the lower trend line - test or break...
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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.