Short setup, looking for rising wedge support to give up as resistance is approached for the first time.
Will enter trade as support looks to be giving way rather than entering early. May reduce ability to pick the top but also less risk.
Short side wrong if daily *close* above resistance line
Will enter trade as support looks to be giving way rather than entering early. May reduce ability to pick the top but also less risk.
Short side wrong if daily *close* above resistance line