If we take a look at the 12 Hour chart we can see that we probably are forming a bullish reversal candle with a long wick and small body.
The area of the wick aligns with a important demand zone.
On the bigger picture it seems that we are in a triangle formation and the declining resistance line of that triangle will be my target.
The area of the wick aligns with a important demand zone.
On the bigger picture it seems that we are in a triangle formation and the declining resistance line of that triangle will be my target.