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nowewithoutuandi
Dec 30, 2018 11:05 AM

Sell the breakout Short

Dollar Tree, Inc.NASDAQ

Description

On DLTR stores clear rising wedge in a downtrend,
like mentioned before a breakout can occur upwards or downwards, but in a bearish trend I am looking for more confluence indicators to confirm the trade.
On a large timeframe I will wait until the candle closes below structure to under. Looking for market to rally into the $90-$95 range before a potential breakout.
The initial target is market below around $78

Cheers!

Order cancelled

No Entry as the price broke above the wedge.
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