Horizon_Trader

Falling Wedge Pattern

Long
Horizon_Trader Updated   
NYSE:XPEV   XPeng Inc.
Falling Wedge in XPEV!
It's important to wait until it breaks CLOSING above the resistance trend line. Be patient and you could get a bullish trade with high risk/reward ratio!
SL: All time low
TP: $12, if TP hit, you could use trailing stop, and get a even better trade!
Comment:
Entered today at $8, yesterday first candle closed barely above the falling wedge but with huge rejection, so I didn't entered. SL: $7.5, TP: $12

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