Long
#CMT Wedge Formation +16% Target
This may take some time to breakout, maybe a few hours. If it breaks out on the up side, we may very well see gains of +16% shortly after. I've doubled my target time and put a rough estimate on possible breakout after the next bounce off the ichimoku cloud (very rough estimates, hard to guess on 15m charts).
Note
Looks like that time is approaching quickly. Looks like this may be the final drop before a bounce out of the triangle.. Give it an hour or two.Trade closed: stop reached
Broke downward.. stop-loss hit, trade closed.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.