as you can see it broke out of the rising wedge and retested giving me a great short entry.
I expect this to continue to the downside until next support - if it breaks support and becomes resistance, i will await retest and engulfing to scale in another potential position to the 0.618 fib region
I expect this to continue to the downside until next support - if it breaks support and becomes resistance, i will await retest and engulfing to scale in another potential position to the 0.618 fib region
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.