For the short term, it is a buy to about 111.85 region (resistance zone). The resistance zone or the resistance of the wedge is a good point to short with high risk to reward ratio. This looks a good probable set up.
Note: I will update the direction of this chart to short once we reach the resistance zone.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.
Note: I will update the direction of this chart to short once we reach the resistance zone.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.