asferruzzi

Wedge pullback pattern

Short
asferruzzi Updated   
ASX:JHX   JAMES HARDIE INDUSTRIES PLC
Nice developed down trend with a pullback wedge pattern forming. Volume is also contracting on the pullback indicating buying in the pullback is weakening.

Enter if price breaks below the wedge pattern. Target is the same distance from the previous pullback, unless a pivot point price action appears.
Order cancelled:
Order closed. Price didn't reach entry point.
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