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Rising wedge on USDCHF
U.S. Dollar / Swiss Franc
Short
Rising wedge on USDCHF
By solventless
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Updated
Nov 29, 2018
2
Nov 29, 2018
Plain and simple rising wedge on EUFCHF. Purple wedge could turn into orange wedge if pushed higher. Good R&R as with most wedges. Safe trading.
Nov 29, 2018
Note
Perfect entry, trade active, wait to move stop until further downward movement to avoid being stopped out.
Nov 29, 2018
Trade active
move stop to entry at 0.99550 for a free trade
Nov 29, 2018
Note
Stop to entry is safe now, enjoy the profit without the risk :)
Nov 30, 2018
Trade closed: stop reached
Stop hit for slightly over break even. Very important to place trailing stops in winning trades to preserve capital. This is a great example.
Chart Patterns
Trend Analysis
solventless
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