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FDN - falling wedge pattern

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First Trust DJ Internet Index Fund (AMEX:FDN)  
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AMEX:FDN   First Trust DJ Internet Index Fund
Trend Analysis Harmonic Patterns Chart Patterns pattern patterntrading Falling Wedge stocktrading stockmarketanalysis Stocks trading patternanalysis
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trendanalysis harmonicpatterns chartpattern pattern patterntrading fallingwedge stocktrading stockmarketanalysis stocks trading patternanalysis
What we can see on the chart is a falling wedge pattern.

The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long.

Do not forget to put the stop loss under the wedge .
Possible target area is shown on the chart.
Trade ativo:
So far so good. Good progress
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