TWO PATTERNS FORMED: 15 Minute Chart
1. Wedge Formation
2 Channel Formation
Plan 1: Trade the break of the wedge (either long or short)
Plan 2: Trade the bottom bounce of the channel (more aggressive entry) but with a small stop loss incase it turns into a break and then I need to get in to the other side the trade.
Ideally it keeps in the channel and cruises up towards some juicy profit
1. Wedge Formation
2 Channel Formation
Plan 1: Trade the break of the wedge (either long or short)
Plan 2: Trade the bottom bounce of the channel (more aggressive entry) but with a small stop loss incase it turns into a break and then I need to get in to the other side the trade.
Ideally it keeps in the channel and cruises up towards some juicy profit