Hey traders! There has been a wedge breakout to the downside. Keep an eye out for continuation. Should it occur, further downside to the two targets is likely before the uptrend continues. Cheers
Trade active
There's the breakout! One way to trade this is to wait for consolidation on the 1 hour time frame and sell the continuation. Cheers
Trade closed: target reached
T1 Complete. Still expecting more downside toward T2.Trade closed: target reached
T2 Achieved
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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.
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.