Sell on the break + hourly close below the wedge.
Target level based on the MPO from the base of the pattern.
Stop 20$ above the last high.
Target level based on the MPO from the base of the pattern.
Stop 20$ above the last high.
Trade active:
As expected the wedge had been broken. Short trade opened.
Trade closed: target reached:
Assuming that the MPO was projected from the break of the wedge, not as on initial chart, the Target has been reached.
Another perfect pattern trade.
Congrats to all who followed my advice!
Another perfect pattern trade.
Congrats to all who followed my advice!
