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SHORT CN50 (China A50 Index) on Breakout of Descending Triangle
China A50
Short
SHORT CN50 (China A50 Index) on Breakout of Descending Triangle
By tousif16
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Updated
Jun 6, 2018
2
Jun 6, 2018
Potential Short Setup.
1. Rising wedge Awaiting
2. DESCENDING Triangle.
Wait for the breakout from DESCENDING Triangle before taking SHORT position.
PS: Ignore typo - I actually meant 'Descending Triangle' on the chart.
Jun 6, 2018
Trade active
Jun 8, 2018
Trade closed: target reached
Trade closed. Profit - $250 (lot size 1.0)
Chart Patterns
chinaa50
cn50
Descending Triangle
Rising Wedge
Trend Analysis
tousif16
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