Long entry requirement.
*position size accordingly
1) Watch Volume to confirm successful breakout
2) Wait for price to retest the prior resistance trend line
3) Candle stick to close above the trendline
Good luck and safe trading.
*position size accordingly
1) Watch Volume to confirm successful breakout
2) Wait for price to retest the prior resistance trend line
3) Candle stick to close above the trendline
Good luck and safe trading.
Comment:
This chart pattern is called descending broadening wedge
Trade active
Trade closed manually