SkyRock Signals

​​#Analysis #SYS

The market has a good potential to touch the upper edge of the falling wedge . After breaking out of the triangle further growth is expected. The price will touch the first target then it will roll back a little and will go up again. The price touched Fib 0.786 support level and is ready to bounce, indicators confirm it. Moreover the price is at the lower edge of the triangle and BB channel, if the price maintain this level there should be upward movement to the upper edge. If the price goes below our STOP LOSS mention in the signal (the daylight candle will be closed below this level), we recommend to close the position and open it again with the same amount once it consolidates (we will inform you about it). However probability of the negative scenario is low