Trading idea
Long @0,65 TP1: 0,86 TP2: 0,94 TP3:1,04
SL: @0,572
After a necessary consolidation to 0,61 the support level held. The price development is still within the rising wedge formation the lower Trendline is still intact.
Depending on how you count the Elliot-Waves this might be the beginning of Wave 2 or 3.
Strong support through EMA and MA. Also forming inverted Hammer in the day chart candle that if confirmed, underlines the trend change.
This is no financial advise DYOR!
