Weekly chart.. Major rising wedge forming here.. Price is now correcting back to supporting trendline.. expect a move down to 50-53 before a final leg up to new highs.. Major correction coming 2025.
Short entry for now is below 68.00.. 68 as you can see is major fib and also 100ma is around 69.. wait for a close below 68 and short with your first target 57$ gap close..
70.00 stop loss
Short entry for now is below 68.00.. 68 as you can see is major fib and also 100ma is around 69.. wait for a close below 68 and short with your first target 57$ gap close..
70.00 stop loss
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