May Dance in Wedge If Doesn't Breakout

Wedge formation can be seen on weekly and daily. Not full enough for the breakout yet, but have to wait and see what price does for now. In the meantime, the wedge may not even be broken this week. Currently, waiting for breakout or rejection of overall trendline.

BEAR TPS:
If overall trendline respected...

• 83.598
  
• 83.383
  
• 83.078
  
• 82.753
  

Must break trendline to reach these TPs...
BULL TPS:

• 84.405
  
• 84.889
  
• 85.691
  

Kommentera:

Overall trendline rejected.

Kommentera:

Returned to overall trendline today thanks to news, but now a double top has formed. Looking for a big drop from this to confirm double top formation back into wedge or just as far as retesting the overall trendline for continuation.

Handel aktiv:

New BEAR TPS:

• 84.088
  
• 83.658
  
• 83.383
  
• 83.301