Get started
marketwizard

WTI - Tight Falling Wedge Consolidation in a Wider H&S Bottom

Long
W&T Offshore, Inc. (NYSE:WTI)  
marketwizard  
NYSE:WTI   W&T Offshore, Inc.
Head and Shoulders Wedge
1
0
headandshoulders wedgepattern
WTI This is a nice set-up I trade aggressively. The bigger picture is a wide base, Head & Shoulder bottom. First break of the neckline was a head fake, as usual, the consolidation following the fake out is a tight falling wedge. I buy an initial line here and load up aggressively on a 2nd break above the neckline. WTI
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.