Yeah… beginning of last week was impressive and sadly I didn’t expect this, but lost possibility is better than to be in wrong side of the move.
For rest of the week market has drawn us Broadening Wedge pattern. This is trickiest wedge to trade, but often, after extended moves, it occurs to be reversal pattern. Plus, we have resistance level 7700-7800 from last fall.
For Bull’s: be careful and take some profits
For Bear: wait for reversal triggers
For rest of the week market has drawn us Broadening Wedge pattern. This is trickiest wedge to trade, but often, after extended moves, it occurs to be reversal pattern. Plus, we have resistance level 7700-7800 from last fall.
For Bull’s: be careful and take some profits
For Bear: wait for reversal triggers
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