Long on 
JNUG for the 5th contact point and breakout above 10$
I don't anticipate this thing riding along the bottom line, so a mental stop has been set at $8.50 but this think likes to make some pretty big intra day percentage swings, so a daily or 4hr candle close below would be more convincing of break in trend.
PT 1 - $10
PT 2 - $11.55
PT 3 - $13.15
JNUG for the 5th contact point and breakout above 10$I don't anticipate this thing riding along the bottom line, so a mental stop has been set at $8.50 but this think likes to make some pretty big intra day percentage swings, so a daily or 4hr candle close below would be more convincing of break in trend.
PT 1 - $10
PT 2 - $11.55
PT 3 - $13.15
Trade closed manually
Either the wedge was drawn too tight or it's disrespected the wedge... rude.I won't be playing it personally although still interested in checking in to see how this plays out over the next few weeks
Note
I could see a possible salvage around 8.27 but below that I think we'd see a full on break of patternTrade closed: stop reached
stopped out at 8.25
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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.