SELL CHFJPY: Wedge break
Wedge break, goes inside a rectangle.
Sold inside of the figure, stop on top and target at the bottom of the wedge.
A less risky trade would be to wait the rectangle to break, but it would have a bad win/lose ratio.
Sold inside of the figure, stop on top and target at the bottom of the wedge.
A less risky trade would be to wait the rectangle to break, but it would have a bad win/lose ratio.
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.