this is a long position i took and forgot to share with you lot.
As you can see a wedge was forming at the middle of 2016 and we saw it come through all the way to about the start of November where we saw it break that and create an uptrend which at that point i saw the price break and set a order just above that top wedge line. then used the 236 retracement level as a level to exit at. this was a very good risk reward trade that i bagged, and now as you can see the price is in sidewards trend at the moment bouncing of the 123.400 area!
As you can see a wedge was forming at the middle of 2016 and we saw it come through all the way to about the start of November where we saw it break that and create an uptrend which at that point i saw the price break and set a order just above that top wedge line. then used the 236 retracement level as a level to exit at. this was a very good risk reward trade that i bagged, and now as you can see the price is in sidewards trend at the moment bouncing of the 123.400 area!