Sell the breakout - Rising Wedge Sprouts Farmers Market
On Sprouts Farmers Marker we see a rising wedge in a downtrend,
breakout can occur upwards or downwards, but in a bearish trend I am looking for more confluence indicators
On a large timeframe I will wait until the candle closes below structure.
The initial target is market below around $17.00
Cheers!
breakout can occur upwards or downwards, but in a bearish trend I am looking for more confluence indicators
On a large timeframe I will wait until the candle closes below structure.
The initial target is market below around $17.00
Cheers!
Comment:
Getting close to that time...
Comment:
Opened as price broke lower barrier....Holding with a Stop around $25.00
Trade active
Trade closed: target reached:
Trade Closed at $17.37