Another attempt at 2750 falls short with price forming a possible H1 double-top.
Support is being held around 50EMA but still positioned below 2585 critical.
The long-term wedge has been extended to the finalized resistance point which should act as further support if correction continues.
Falling back within pattern is not ideal however there is some leeway given the D1 piercing point (dashed red).
www.tradingview.com/chart/gDBkksfy/
Support is being held around 50EMA but still positioned below 2585 critical.
The long-term wedge has been extended to the finalized resistance point which should act as further support if correction continues.
Falling back within pattern is not ideal however there is some leeway given the D1 piercing point (dashed red).
www.tradingview.com/chart/gDBkksfy/
