Price has broken above the wedge it was moving into and is now developing a bullish flag which most likely will push the price to higher levels. A bullish divergence shows that the downtrend is losing its steam something that adds to our bullish context. Watch for a breakout above the correction (flag) and aim for 0.0019 and 0.0025 (structure levels). Stop-loss should be placed below 0.0013.
All the best,
John
All the best,
John
Kommentar:
Setup worked great. Both tp levels reached