Resistance at MA, Descending Channel, TD sequential 9 sell.
Rising wedges are typically bearish, short term trade. For the love of GOD use a stop loss.
My Profile name should just be StopLoss, seriously, use it. Here's a secret, IT DOESN'T MATTER WHERE YOU BUY. You can buy bottoms and sell tops all your trading career and still blow your trading account. That being said, it is all risk management, and position sizing that makes you meet your goals. The most important trading tool you can have is this formula...
Lets just hope. Random thought. Take this with a grain of salt.
If you trade 9 Buy setups, Congratulations.
If you shorted this symmetrical Triangle, you should have set a Stop-Buy
Weekly 5 trading above a weekly 4, consider longs. If trading weekly, longs were at $7510.
Buy the breakout or sell the breakdown.
TD sequential Enough said
Indicators used: TD Sequential(With setups, countdowns, and TD trendlines), 50ma, 200ma, volume. Potential Long.
Title says it all