looking at WINK here on the 4hr timeframe, anticipating a possibility that price will make a push to the upside soon.
We are currently in a nice setup area with good support in the green zone.
price has approached this area very impulsively and formed a descending triangle consolidating at a fib support area.
price has respected the lower trend lines forming a 123 touch pattern. price may test the support level once again near
the grey box and then there is a high probability for a push to the upside after a break from the channel with a continuation to the upside where price may retrace before pushing higher or correct again at 0.786 level.
We are currently in a nice setup area with good support in the green zone.
price has approached this area very impulsively and formed a descending triangle consolidating at a fib support area.
price has respected the lower trend lines forming a 123 touch pattern. price may test the support level once again near
the grey box and then there is a high probability for a push to the upside after a break from the channel with a continuation to the upside where price may retrace before pushing higher or correct again at 0.786 level.