Falling Wedge - Buy Breakout of Structure

2018年12月30日

Falling wedge is generally a bullish pattern signaling that we will likely see the price break upwards through the wedge and move into an uptrend. The trend lines of this pattern converge, with both being slanted in a downward direction as the price is trading in a downtrend.

Target 1 and 2 marked.

Cheers!

2019年2月7日

交易進行

Entry at $76.00 (break of formation)

Holding for next move with a stop loss below $70.00

2019年3月3日

交易結束：達到停損點

Trade closed, stop loss hit