We have recently broken a YFI falling wedge and I will be taking an entry here at ~13719.
TP: Pattern shows ~21750 movement based on pattern size * 0.62 (62% chance of reaching target) and we get 13,483$ from breakpoint as target, or ~26905$
SL: Bottom of Local/swing low ~11960
Pattern info: thepatternsite.com/fallwedge.html
TP: Pattern shows ~21750 movement based on pattern size * 0.62 (62% chance of reaching target) and we get 13,483$ from breakpoint as target, or ~26905$
SL: Bottom of Local/swing low ~11960
Pattern info: thepatternsite.com/fallwedge.html
Comment:
Still holding support well ,I will be holding this position.
Trade closed: stop reached