Hey, I am just starting out here. However, I have decided to put up my analysis and help people out here. I hope this help.
Now, what's actually happening is pretty simple. The price just hit the upper trend-line and will soon move downwards till the next supply and demand zone. Furthermore, we also know that the price is forming a rising wedge from the daily bars.
Now, we have a good risk to reward ratio here and let's see what happens next.
Remember, naked charts are the beautiful art and we should keep it simple and profitable.
Now, what's actually happening is pretty simple. The price just hit the upper trend-line and will soon move downwards till the next supply and demand zone. Furthermore, we also know that the price is forming a rising wedge from the daily bars.
Now, we have a good risk to reward ratio here and let's see what happens next.
Remember, naked charts are the beautiful art and we should keep it simple and profitable.