Chart patterns have their fare share of failed setups. No "edge" is perfect. Identifying the trade is the easier part. Trade and Risk management is where the heavy lifting is. I alerted to this setup when it was forming here
$UTI forming 3 months #rectangle #consolidation #ChartPattern
Chart PatternsChart patternsfailedbreakoutRectangleStocks
TaPlot
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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