This is a classic wedge retest on a daily timeframe, retest and candle hat did the retest are both fantastic. Depending on the opening price action I will look for another short opportunity.
Kommentera:
If the 4 hour prints like this, it will be a good area to try a short. Can stop over the 4 hour or previous high for minimum risk and a great RR possibility
Kommentera:
Depending on the daily candle close this could offer an attractive short. Ill be watching candle at closing time.
Kommentera:
Thai setup has become extremely desirable with the weekly time frame on a wedge overthrow to the topside and even though not printed, the weekly candle is looking delicious.
Kommentera:
This*
Kommentera:
I made a new chart to keep the idea fresh. As expected the NU has presented several extremely good selling opportunities now.