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TradeYung
Aug 1, 2018 2:44 PM

second wedge breakdown + rejection of lower wedge TL Short

U.S. Dollar/Swiss FrancFXCM

Description

Atleast for short term good short

Comment

Would've liked to see the trendline act as a resistance but I guess thats just the perfect scenario, a lower high of ~0.99300 should do fine aswell anyway

Comment

This was an unprofessional idea. I did not do proper TA before making this decision.
I learned from my mistake and waited for a good entry point. I'm currently short from .99753 after bouncing off the .998 resistance.
A good entry is key is the lesson here!

Trade closed manually

Second entry turned out great, trade closed. Waiting for bearish continuation or a reversal from here.
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