Hi guys ,
So far, we are nearing the top of a rising wedge, which has a high chance of breaking down, my first target would be the green zone, and would be expecting a continuation up if we can hold that level, If we decide to break above the wedge and the red zone , the move is going to be Massive(possible cup and handle breakout),and target would be in the top green zone.
So far, we are nearing the top of a rising wedge, which has a high chance of breaking down, my first target would be the green zone, and would be expecting a continuation up if we can hold that level, If we decide to break above the wedge and the red zone , the move is going to be Massive(possible cup and handle breakout),and target would be in the top green zone.