If we break this falling wedge, we could see another leg up to higher pricetargets. I openend a Trade with a tight stopp loss . It's a risky one.
- Good opportunity with a high risk reward ratio.
- I expect holding this position for 2-7 days (depends on the volatility), if I am not getting stopped out 😄.
You can see my pricetargets at the chart if this scenario plays out. We will see what happens :)
Disclaimer: DYOR. No financial advice. Just for your impression.
- Good opportunity with a high risk reward ratio.
- I expect holding this position for 2-7 days (depends on the volatility), if I am not getting stopped out 😄.
You can see my pricetargets at the chart if this scenario plays out. We will see what happens :)
Disclaimer: DYOR. No financial advice. Just for your impression.
Trade active
Trade active:
We perfectly broke out of this falling wedge/ channel. I will take some profits on each target. Target 1 already reached.
Trade closed: stop reached:
Reached my SL. Waiting for another chartformation. Maybe I will reenter this. But EGLD is showing some weknesss here.
