HTF - everyone knows about the big drops a few weeks ago. 4H chart on the left shows the bearish momentum. Looks like a correction has formed for possible move lower |
LTF - ascending wedge shows impulse correction impulse (123) with final section breaking the recent high within it's own ascending channel to complete the structure
I'll be ideally looking for an entry at the top of this structure providing price continues to approach with low momentum
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