potential trend following option.
I will sell bearish breakout of this rising wedge.
As you see the patter contracts as prices move higher and the trading range narrows + RSI divergence give as signs of potential breakout.
In trend following trades I base my first taget on the previous level of structure and then trail stop following the trend!
Good luck!
Bình luận:
attempt to break
Bình luận:
potential breakout
Bình luận:
local bounce up
Bình luận:
holding short
Bình luận:
I expect to see retest of local structure high
Bình luận:
Retest of structure
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