On the three our chart we can see a Falling Wedge.
Wait for breakout and buy or buy retest of the wedge before continueing up to next resistance at around 62.5K
if wedge fails we will possibly visit 53.7K
Wait for breakout and buy or buy retest of the wedge before continueing up to next resistance at around 62.5K
if wedge fails we will possibly visit 53.7K
Comment:
We are proceeding as expected, now waiting for a breakout
Comment:
We broke out of the falling wedge, but met with hard Rejection! and reversed. Let's see if it will find support at 53700 or we will visit 50000 before the bleeding stops