On the chart we can see a falling wedge pattern.
Our strategy is to enter long when the price breaks out of the falling wedge formation.
Look for the volume increase in order to avoid the trading false break out.
Target is shown on the chart.
Our strategy is to enter long when the price breaks out of the falling wedge formation.
Look for the volume increase in order to avoid the trading false break out.
Target is shown on the chart.
Trade ativo:
Breakout and retest of the previous resistance to confirm it as a support
Trade fechado manualmente:
Breakout failed. May go much lower now
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