I have had a lot of succes with the wedge pattern so I use that pattern alot for finding oppurtunities:
So for an technicals standpoint price was moving sideways recently with an sign of weakness because of the head and shoulder pattern that I drawn for you
I am looking to enter small so if price moves up I don't risk that much and I don't miss the uppurtunity that price breaks directly bearish am dubbeling postions when price breaks out
Always look for the best risk&reward in a trade and be careful on important events like the CPI
So for an technicals standpoint price was moving sideways recently with an sign of weakness because of the head and shoulder pattern that I drawn for you
I am looking to enter small so if price moves up I don't risk that much and I don't miss the uppurtunity that price breaks directly bearish am dubbeling postions when price breaks out
Always look for the best risk&reward in a trade and be careful on important events like the CPI
Trade closed: target reached