Daily forming raising wedge on low volume. Simple setup here - if it breaks up we will see continuation of the up trend, a break down will see reversal. In both cases volume will confirm direction. Expect this formation to resolve by Friday 25th May. Current position is long.
Trade closed: stop reached
Break down on volume, short now
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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.