Bearish Wedge & Resist versus Breakout!
Here are two trading possibilities: LONG or SHORT
Bullish Szenario: Stop Buy @ 1.07018 (valid "2") SL 1.06543 (below the wegge bottom edge :-) ) TP: 1.07903 (trendchannels upper edge)
Bearish Szenario: Fix the actual Level @ 1,069 SL 1.07018 TP1: 1.06608 (wedge bottom edge) TP: 1.0618 (trendchannel bottom edge)
I prefer the Long Szenario, because i am a trend follower and breakout trader :-)
Bullish Szenario: Stop Buy @ 1.07018 (valid "2") SL 1.06543 (below the wegge bottom edge :-) ) TP: 1.07903 (trendchannels upper edge)
Bearish Szenario: Fix the actual Level @ 1,069 SL 1.07018 TP1: 1.06608 (wedge bottom edge) TP: 1.0618 (trendchannel bottom edge)
I prefer the Long Szenario, because i am a trend follower and breakout trader :-)
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