This is an update on the chart. but the idea is still the same as the previous Ideas last comment. This chart reflect the plan for the short terms moved during the course of the day .
New diagonal lines has been drawn to complete the triangle/wedge ( I am no pro to label them). I am seeing the market moving upwards and touching the diagonal line CD and there after will move downwards and surpass line AB until it reaches the support as indicated in the chart.
My Trades :
1. Market execution buy and will monitor to take profit when the price reaches the diagonal line CD
2. based on the new candle opening within or outside the triangle /wedge will determine my second entry.
stay safe, Brexit is making the moves in the market faster then normal
New diagonal lines has been drawn to complete the triangle/wedge ( I am no pro to label them). I am seeing the market moving upwards and touching the diagonal line CD and there after will move downwards and surpass line AB until it reaches the support as indicated in the chart.
My Trades :
1. Market execution buy and will monitor to take profit when the price reaches the diagonal line CD
2. based on the new candle opening within or outside the triangle /wedge will determine my second entry.
stay safe, Brexit is making the moves in the market faster then normal
Note
Point 1 is completed.waiting on point 2 to for the price to open outside the diagonal line CD
Trade closed manually
Closing trade Idea and will create a new one shortly
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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.