Price peaked at 1325 last week and then started to move down in the rising wedge.
Whilst this week won't be a large break out move - it will provide short and then long opportunities.
The short has two targets 1308 and 1300. The long move will be from the bottom of the channel (or at these prices) and then a trend continuation.
Whilst this week won't be a large break out move - it will provide short and then long opportunities.
The short has two targets 1308 and 1300. The long move will be from the bottom of the channel (or at these prices) and then a trend continuation.