Watching this falling wedge for a small move to the 61.8% fib target. It's a counter-trend trade so it's tricky.
I'm taking my profits fast and will look for a longterm short after. Will only use a stop buy order to get myself in the trade, else will skip it.
I'm taking my profits fast and will look for a longterm short after. Will only use a stop buy order to get myself in the trade, else will skip it.
Comment:
Trade triggered, not a strong reaction yet. Let's see if price can bounce from top of this wedge.
Trade closed: stop reached:
Broke out very weak, not the result I was looking for.