There seems to be a time preference for these Dorito wedge pattern breakouts, between 11pm and 2 am London time. Curious.
About 15% of the time the breakout happens at 10am - 12 am London time. London stock market open and Tokyo open posibly.
Whatever it is it's somewhat significant.
Target is on the chart but I'll probably close in a few hours, maybe 6. If price retraces back to my entry I have a break even stop loss.
Breakout should run for a few hours though until they settle. Closing partial position is a good idea when price breaks the 25 MA in the ribbon.
About 15% of the time the breakout happens at 10am - 12 am London time. London stock market open and Tokyo open posibly.
Whatever it is it's somewhat significant.
Target is on the chart but I'll probably close in a few hours, maybe 6. If price retraces back to my entry I have a break even stop loss.
Breakout should run for a few hours though until they settle. Closing partial position is a good idea when price breaks the 25 MA in the ribbon.