price has broken out of the downward wedge (yellow). Im now looking to see how the pullback acts and plan a future trade.
1. price to run up in the blue channel which would have a price target of around 2.9% higher.
2. Price continues to fall and form the shape of the grey wedge which would give me a target 1.6% lower.
1. price to run up in the blue channel which would have a price target of around 2.9% higher.
2. Price continues to fall and form the shape of the grey wedge which would give me a target 1.6% lower.