WINMED | Falling Wedge Breakout Signal Trading Setup
Price action and chart pattern trading setup
> Falling wedge breakout with a strong bullish candle.
> Pullback/entry at dip recommendation to avoid chasing price where no built-up candlestick or squeeze area support.
> Target at volume profile main point of control 0.786-1.0 retracement zone
> Risk ratio : 2: 1 for medium-term trade
> Stop loss at the lowest position of the falling wedge
Always trade with affordable risk and respect your stoploss
> Falling wedge breakout with a strong bullish candle.
> Pullback/entry at dip recommendation to avoid chasing price where no built-up candlestick or squeeze area support.
> Target at volume profile main point of control 0.786-1.0 retracement zone
> Risk ratio : 2: 1 for medium-term trade
> Stop loss at the lowest position of the falling wedge
Always trade with affordable risk and respect your stoploss