This pair is in a falling wedge and I can count 5 waves on it. Everytime it was rejected to break down the lower support line of the wedge, so this looks promising.
Monitor this pair well, because the daily hammer shows a huge rejection once again. This is the scenario I'm looking for and a breakdown of the falling wedge would invalidate this.
This is not a tradecall YET, but a possibilty building up!
Monitor this pair well, because the daily hammer shows a huge rejection once again. This is the scenario I'm looking for and a breakdown of the falling wedge would invalidate this.
This is not a tradecall YET, but a possibilty building up!