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vf_investment
Apr 20, 2023 5:13 PM

ASX Rising wedge  Short

ASX LIMITEDASX

Description

On the chart we can see a rising wedge formation.

The price is still moving inside the pattern. Once is breaks the support line it would be a good time to enter the short position.

Target is showing on the chart.

Trade active

going down

Trade closed: target reached

target reached
Comments
LegionQ8
good one, Its possible yes!
FirstNameHelen
I hope you are right dear, thanks for your idea
Solldy
The chart is pretty good, as is the idea in general. But the risks are quite high right now. I wonder what your risk-management strategy is for this trade?
RLinda
This is probably the best publication on this asset in the current market sentiment + I've seen a couple of news stories that would also support this idea. Thanks for sharing)
DeGRAM
Fantastic work
WalterMoon
Good work man, absolutely agree about ASX
CryptoCheck-
Great update thanks mate
basictradingtv
awesome work as always, thanks!
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