Classic Ascending Wedge. Wyckoff labels marked.
Riskier Sell at UTAD 2 = R61 weekly pivot
Or Sell Stop break of the lower wedge boundary.
Good luck.
BC=Buying climax
AR= automatic rally
ST1,2,3= support test
SOW= Sign of Weakness
UTAD= Upthrust (Sign of Weakness aka fakeout)
3 normal bear divergences spotted on the 4H.
Riskier Sell at UTAD 2 = R61 weekly pivot
Or Sell Stop break of the lower wedge boundary.
Good luck.
BC=Buying climax
AR= automatic rally
ST1,2,3= support test
SOW= Sign of Weakness
UTAD= Upthrust (Sign of Weakness aka fakeout)
3 normal bear divergences spotted on the 4H.