Pull back right to the yellow trend line now, holding just at the 50 Day MA on the 1HR Chart and the 200 Day MA is just below for further support if needed if this dips back into the wedge.
Structure still looks good and I always prefer a test from above, instead of a test from below of a support/resistance line.
A bounce here and I'll consider adding again.
Kristof Van Nevel
2023-07-14 18:41:49 +0000 UTC