Previous symmetrical wedges broke to the upside before falling apart.
P&L 3:1
Support 3500
Stop Loss 3500
Target 3660
Resistance 3660.
A rejection of multiple impulse moves to the downside showing seller exhaustion. Likely quick reversal to the downside thereafter as a repeat of the previous larger fractals.
P&L 3:1
Support 3500
Stop Loss 3500
Target 3660
Resistance 3660.
A rejection of multiple impulse moves to the downside showing seller exhaustion. Likely quick reversal to the downside thereafter as a repeat of the previous larger fractals.
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