pre market analysis

h1 chart

rising wedge formation in action
to watch closely on price action within the converging trendlines
should price break downwards, ideal SL should be at 208.70 (20 pips above apex). 1st TP is 204.20

UPDATE:
Tuesday (April 29) morning:
price is still in ranging mode
however, this pattern is still valid
watch out for update at the latest post

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