The signal in this case is breaking the bottom facet of the Wedge. It’s the same triangle, but its peak is directed upwards. Rising Wedge is a pattern which is reverse to the descending model. Good conditions for short positions appear. When an ascending wedge appears in the bullish trend, it is rather a reversal pattern leading to a decrease. The resistance line has a large enough slope, and the break occurs at a distance of one third from the top. The market should be entered once the price goes beyond the line and the first wave height is equal to the trade goal. Uncertain jumps give way to a deep pullback. Update in any direction does not bring the expected profit anymore. It is usually preceded by the slowing of prices when the trend does not attract keen interest anymore.
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