Looks like it broke out from a descending wedge and
Coming down for a possible throwback. Also ther is multiple divergence showing up with RSI on 4hr. if the wedge support doesn't hold then we have to have wait longer for the reversal. My targets are indicated by horizontal support lines.
NOTE: Not a financial advice. Just an idea.
Coming down for a possible throwback. Also ther is multiple divergence showing up with RSI on 4hr. if the wedge support doesn't hold then we have to have wait longer for the reversal. My targets are indicated by horizontal support lines.
NOTE: Not a financial advice. Just an idea.