Potential breakout of a wedge pattern formed after a long buying period
1Hr Price trading underneath 200day SMA
1Hr Price underneath Ichimoku Cloud
1Hr Stochastic entering momentum and reversal
1Hr Price trading underneath 200day SMA
1Hr Price underneath Ichimoku Cloud
1Hr Stochastic entering momentum and reversal
Note
Entry: 76.600SL: 76.793
TP: 76.259
Note
Taking 50% of the trade at TP1.Note
Adding TP2 for longevity at 75.70Note
Trade hit extended TPDisclaimer
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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.