SHORT CN50 (China A50 Index) on Breakout of Descending Triangle
Potential Short Setup.
1. Rising wedge Awaiting
2. DESCENDING Triangle.
Wait for the breakout from DESCENDING Triangle before taking SHORT position.
PS: Ignore typo - I actually meant 'Descending Triangle' on the chart.
1. Rising wedge Awaiting
2. DESCENDING Triangle.
Wait for the breakout from DESCENDING Triangle before taking SHORT position.
PS: Ignore typo - I actually meant 'Descending Triangle' on the chart.
Trade active
Trade closed: target reached:
Trade closed. Profit - $250 (lot size 1.0)