Price has been rejected 3 times at 61.8% retracement.
The descending wedge is coming to an end and we will wait for breakout and correction and buy.
Price is on resistance on EMA so we need to wait for breakout on that too.
Watch lower timeframe for confirmation.
Great opportunity with a high R2R ratio.
The descending wedge is coming to an end and we will wait for breakout and correction and buy.
Price is on resistance on EMA so we need to wait for breakout on that too.
Watch lower timeframe for confirmation.
Great opportunity with a high R2R ratio.