I have been in an position for gold for longer than I like to. You can see my original plan here: and paste in link below. Finally hit the target today. It went to according to my plan but it took longer than thought. I had to sweat out some time as I see it fall back and go up and repeat. But it did hold my support line all the time which is why I didnt give...
Russell futures ready to drop.
- upwedge
- overbought RSI
- Riding upper bollinger band for a while now
This is a pretty simple trade plan. Enter short if price breaks lower end of up wedge .
Aggressive entry = on break of wedge
Conservative entry on retest of wedge
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