Peet_Serfontein

F: "F" represents a "F"alling wedge pattern

Long
NYSE:F   FORD MTR CO DEL
A price action above 11.50 supports a bullish trend direction.
Increase such exposure for a break above 12.50.
The target price is set at 13.00 (the objective of the falling wedge pattern).
The stop-loss price is set at 11.50.
Remains a risky trade.

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