I see long term broadening wedge on weekly, I buy

Zaktualizowano
strong r/r for a bounce, can easily define exits and high % of mean reversion trade. GL
Zlecenie zamknięto ręcznie
Easy 10% gain in 2 weeks. Closed trade. Next way to play this would be trying to buy a day trade breakout of the range, or if it went back to range lows.
Zlecenie aktywne
Perfect Re-entry opportunity. Mine shows a weekly, but if you draw the resistance wedge trendline on the daily chart, it has broken out and retesting the resistance as support and previous resistance level of 11.45 as support, another good R/R opportunity with stops with some form of close if breakdown back into the wedge.
Uwaga
took 10% profits here at nice 2% gain and moved stop to entry of 11.45 GL!
Chart Patterns

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