FLOWETH - 20% Short to Deep Down SupportA big long descending trend line which has been tested by flow on numerous occasions historically has just recently been tested once again, causing a price rejection to the downside once again. As you can see from the recent swing low we've created a triangular wedge pattern which we are going to be ranging in for the next few weeks.
This gives us a big opportunity to get a 20% Short trade in from near the top edge of the wedge and watch the price travel down the the horizontal support line at the bottom of the wedge.