Blue line : Head and shoulder
Yellowish lines : Rising wedge
Note : If daily candle could not break above right shoulder , then aggressive trader may short it, if it doesn't then it can make a new high to confirm rising wedge .
Bonus : Projected Decline is the TP zone which the strong support area.
Yellowish lines : Rising wedge
Note : If daily candle could not break above right shoulder , then aggressive trader may short it, if it doesn't then it can make a new high to confirm rising wedge .
Bonus : Projected Decline is the TP zone which the strong support area.