On the chart we can see a rising wedge. Our strategy is entering the short once the price breaks below the downsloping support line with a volume increase
Approx. target is shown on the chart.
Make a note that the target may change as it depends when and where the breakout occurs.
To avoid trading the fakeout, looks for a volume surge
Approx. target is shown on the chart.
Make a note that the target may change as it depends when and where the breakout occurs.
To avoid trading the fakeout, looks for a volume surge
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.