Do not fall for the trap today. It won't be a breakout as the spike from 0.41900 to 0.55 only completed the swing high for the falling wedge and is now proceeding to the new symmetrical triangle for potential breakout on Apr 7-10, or, may drop to 0.39400 until Apr 16.
Good luck on your trades. Happy Easter!
Looking at 2 wedges to complete.
Due to rising wedge, we are expecting a drop from 0.53 to 0.49-0.50 anytime soon to complete the falling wedge pullback.
If you have any questions, feel free to comment.
