Interesting Constellation: DoubleTop&Bearish wedge vs. Breakout
Interesting playground for shorties: Fixing the present Level has a very nice Chance-risk-Ratio with a stopp near above todays top (for example 10.700)
The Patient cyclical Trader would prefer the BO.
The longterm buying-Trigger is still 10.800!
The Patient cyclical Trader would prefer the BO.
The longterm buying-Trigger is still 10.800!
Komentarz:
wedge triggered
Komentarz:
ok ok - understood!
Komentarz:
In the hourly Chart NOTHING happened! A nice buying-candle appears!
Komentarz:
Have we seen a false breakout / beartrap?
Komentarz:
buying candle! oh yes!
Komentarz:
No more danger of the wedge, no more danger of the possible double top! now 10.800 can be aimed!
Komentarz:
oh oh...now an ugly selling candle????
Komentarz:
Komentarz:
and here is the BO!
Komentarz:
Time to short it (scalp)?
Komentarz:
Komentarz:
next flag ?
Komentarz:
Komentarz:
Komentarz:
?
Komentarz:
wedge triggered..
Komentarz:
~ 10.800 is still THE LEVEl TO WATCH for further Longs