Looking at the chart in this way, seeing these wedges form one after the other, has given me a good sense of short to middle term movement and where to watch for breakouts.
Note
Nice, it looks like 155 resistance is now support.Note
Tight stop loss set at 144, just in case.Note
Actually, tightened it up to 152. (Been in since 113, that's 25% profit right there -- happy with that.)Note
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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.