Price is currently following an ascending wedge.
The price is almost at the peak of the wedge.
Price has stalled at the 61.8 level from the last major swing.
I expect at least a short sell into the the wedge or, for more security, wait for price to break out of the wedge and use a smaller time frame for entry to reduce the risk.
The price is almost at the peak of the wedge.
Price has stalled at the 61.8 level from the last major swing.
I expect at least a short sell into the the wedge or, for more security, wait for price to break out of the wedge and use a smaller time frame for entry to reduce the risk.
评论:
price is still at the structural resistance area.