Accumulation in the red box targeted the leg that brought us down which was around 1.1320. So also noticing the rising wedge I tped there. BUT I didn't short knowing the momentum we are getting from the higher timeframe.
Then it raised some more actually without a retest of 1.1320.
I'd enter the market only for some short term progressions because I want to see whether this wedge would fail or not.
Immediate targets would be 1.1350 and 1.14. I wouldn't expect us to reach higher as I think momentum is starting to fade. Y
Then it raised some more actually without a retest of 1.1320.
I'd enter the market only for some short term progressions because I want to see whether this wedge would fail or not.
Immediate targets would be 1.1350 and 1.14. I wouldn't expect us to reach higher as I think momentum is starting to fade. Y
