On the chart we can see a rising wedge. Our strategy is entering the short once the price breaks below the downsloping support line with a volume increase
Approx. target is shown on the chart.
Make a note that the target may change as it depends when and where the breakout occurs.
To avoid trading the fakeout, looks for a volume surge
Approx. target is shown on the chart.
Make a note that the target may change as it depends when and where the breakout occurs.
To avoid trading the fakeout, looks for a volume surge
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