Plain to see on the chart; we are ranging within the order block just under the 11k mark. A measured move down puts us roughly at 9.3 if we drop through the wedge
here. Rejecting here and moving upwards from the wedge
likely means a move up to the 11,300 range to re-test and ultimately (in my opinion) fail. Failure there will form a larger head and shoulders
formation for another move down.
How to trade: Short limits at 10,650-10,850 scaled accordingly; tight stop loss at 10,925 or just above depending on your comfort level. Entry into long at 10,975 starting to take profit at 11,150. Trade safe, trade smart!