Be careful of the reversal wedge
We had several down days, so high probabilities of continuation
Holidays so, low volume
Below 145 a lot of room to gap fill at around 142 (make take days or weeks to fill it)
Below 145 we will confirm further bearish momo
We had several down days, so high probabilities of continuation
Holidays so, low volume
Below 145 a lot of room to gap fill at around 142 (make take days or weeks to fill it)
Below 145 we will confirm further bearish momo
Comment:
WATCHING CLOSELY HERE FOR A BREAK OF WEDGE TREND
Trade active:
IF we break this is a SUPER HIGH RISK TO REWARD TRADE
I am now floating profits but if you are considering entering now,
BE VERY careful as the TL might hold, I am now risking my profits
I am now floating profits but if you are considering entering now,
BE VERY careful as the TL might hold, I am now risking my profits
Trade active:
Taking more profits
Trade closed: stop reached:
Trailing stop hit, waiting for next setup now