Rising wedge and bear div

On the 4 hr we can see a rising wedge and also bear div on the RSI which suggest a dip is possible.
The green zone around 5040 show some support.
Looking at the fib we can see .382 and .5 at about 4760 and 4600 (which is also the bottom of the cloud).
I am putting bids around the green zone and also .382 and .5 to buy the dip if it comes.

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Commentaire:

It went one more leg up and fall out of the rising wedge as expected.
Hit my bids in green zone and now forming inverse head and shoulder.

If break up the neck line it could possibly go up to ~5300.
A drop after that or a drop from here is possible.
Moving up my bids to the new .382 and .5 as shown in the chart.

Commentaire: