Descending widening wedge.
Broke out, retesting.
Look for a resumption off on the 4hr.
Note TP 1 = 1:1 RR
TP 2 = 1:2 RR
Broke out, retesting.
Look for a resumption off on the 4hr.
Note TP 1 = 1:1 RR
TP 2 = 1:2 RR
Trade closed: stop reached
Note to self, consider the daily and weekly 21 EMA before setting stop losses
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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.