Band breakout

Updated

Band is showing a break from a descending wedge to the upside. Unsure how far it'll run - fischer probably shows a little retracement but this may be tradable. It's at least settling down a bit after jpow's speech so looks somewhat tradable.

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Caught +25% on my account with this.

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maybe try sl like 2.088 to be safe. This may really fail so just be careful on this. Low confidence, but good risk management.

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There isn't yet a clean brake. Other recommendation is to enter in like 3 pieces so you can contain the risk on the breakout attempt. The market is so sketchy so just protect your capital!!!

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I left this trade in a few pieces close to the top.

decklyndubs

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