Multiple LONG entry points in a Falling Wedge
Updated
Price action forms a narrower price range. Wedges can present as both a continuation and a reversal pattern. This means the price may break out of the wedge pattern and continue in the overall trend direction of the asset. However, the price may also break out of a wedge and end a trend, starting a new trend in the opposite direction. I see multiple meaningful entries for a Long.
Please, share your opinion and trade safe.
Please, share your opinion and trade safe.
Trade closed: stop reached
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