Price has slowly formed into a symmetrical wedge (also a two-way compression here) since December and has made a mild break downwards. Yesterday, we can see some rejection on the 0.14 gap. Price likely to pump soon, still waiting for it to reach the nearest solid demand zone (0.125). Another potential entry zone would be 0.105 for a RBS setup.
FIB levels matched for extra confluence.
AT
FIB levels matched for extra confluence.
AT
Operación cerrada: precio stop alcanzado