When we look at the chart we can see that the candles are close to the wedge. What we are waiting for is for the candles to break above the the wedge. When that happens we need to see if it is able to break above the resistance level. If it breaks above the resistance level we could go long than. When it gets rejected at the resistance level we wait for it to do a retest of the wedge and when that than happens we go long. We do have to keep an eye out for the resistance level if we go in after the retest of the wedge.
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As we can see here. It is struggling a bitt a the resistance zone
