When we look at the chart we can see that the wedge was broken and that it is now retesting the wedge. The first break of the wedge was a fake out so if it now goes back to the wedge and falls again it should be the real drop.
Please let me know in the comments what you think of it.
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Please let me know in the comments what you think of it.
If you like the idea do not forget to give it a like and follow me for more ideas.
If you have any questions, feel free to PM me.
Trade active:
We can see now that the trade has done a fake out and is now after the retest dropping to do a good breakout.
Comment:
Trade struggling to break out. Will keep u posted
Comment:
Trade was struggling to break below the 0.692 level. I closed the trade there. Will be looking to re-enter the trade because it is testing the trendline again.
Comment:
