this pair has broken a trendline on higher time frame and is now slowly retracing/consolidating and forming a rising wedge.
i am looking to short this pair at the top of the wedge - stops go above the Moving average cluster, and targets are the previous structure low (look left) and then the completion of the ABCD move.
what do you see?
i am looking to short this pair at the top of the wedge - stops go above the Moving average cluster, and targets are the previous structure low (look left) and then the completion of the ABCD move.
what do you see?
Comment:
idea busted....