Hello Fellow Traders.
A month back I posted the falling wedge and SHOP has rallied back up and now its ready after a few rejections out of the Daily Supply Zone to push toward the 0.382 Fib level.
First level will be 1110. It will need to form a pattern above in order to push higher for a retest of all time highs and the top of the Supply zone.
I also believe...
hello fellow traders,
I'm still a beginner in terms of experience. However, I personally trade with supply and demand zones, and that being said I noticed on the daily the falling wedge and uptrend on 5 min, etc. of wanting to breakout from the demand zone. With the pattern and zones from the ema's I believe it could have room to run upward.
I am open for input...
