its seems that the resistance of the main estructure is holding price and also with macd divergence, i can see price going to the support of the possible abcde wedge.
i will trade the formation of the wedge, short the D wave, and long the E wave and then a short to the support of the main estructure if the wedge formation is cleaned and if macd still showing divergence.
i will trade the formation of the wedge, short the D wave, and long the E wave and then a short to the support of the main estructure if the wedge formation is cleaned and if macd still showing divergence.