a) Price is now at a very important point.
b) The price clearly seen now is at ascending daily trendline and last week candle showed a long wick of rejection.
c) Price is also at the daily demand zone.
d) It seems that the price made a falling wedges as a sign of correction before an impulsive move to the upward.
e) Im looking for the price to come to snr level, break the falling wedges channel and create a new high. I ll find a buy opportunity when the price made those.
b) The price clearly seen now is at ascending daily trendline and last week candle showed a long wick of rejection.
c) Price is also at the daily demand zone.
d) It seems that the price made a falling wedges as a sign of correction before an impulsive move to the upward.
e) Im looking for the price to come to snr level, break the falling wedges channel and create a new high. I ll find a buy opportunity when the price made those.