IBM Rising Wedge Short

2019年2月7日

We see some good jumps on the chart, is it possible that it is time for a pullback by this rising wedge?
The wedge is closing in so the answer is near, just like the USDCHF trade I'm not trading it yet.

Would like some feedback, or a like!
Thanks for reading

2019年2月12日

註釋

Still nothing to add here, the wedge is still valid and at the moment testing for the support.
If traded I would recommend for a breakout or tight SL.
The breakout can't take very long anymore.

2019年2月13日

註釋

Had to even stretch the lines, still in this wedge.
As said yesterday it can't take much longer, in maximum two days I expect to see the outcome of this wedge.

2019年2月20日

註釋

This IBM just really don't know what to do. It should have dropped a lot more then it's doing now. This wedge was either not valid or it's really a fight between bulls and bears now.