There is an existing probability of rising wedge that also looks good as logical end of previous falling wedge. If we reach the top line pay attention to the rsi and macd to find divergences that point on future downtrend. It is also could be a channel till the wedge is not confirmed. A good news is we across the main (red) downtrend resistance, but there is another one we shall to pass. Wait for the breakout or confirming another pattern / channel
Trade ist aktiv:
wedge has confirmed. divergence on the 2h TF. waiting for the breakout or another higher high and short