In short, the price has broken the daily trendline and after hitting support in the daily, it just came in contact with a significant resistance to overcome which in the best-case scenario, it wasn't able to break, good chance it will travel down after grabbing the liquidity it needs to respect the rising wedge.
Never risk more than 0.5% risk on this, and stop-loss to entry once we see the price halfway to our TP.
AIm for a good RR and let's make 10% this week.
Never risk more than 0.5% risk on this, and stop-loss to entry once we see the price halfway to our TP.
AIm for a good RR and let's make 10% this week.