PLNGBP trade ideas
SHORTIf the price hits the 4.96500 resistance I go short.
You have to be careful and analyze the price action before making the decision. We must think that nobody knows what will happen. I'm just trying to put the odds in my favor. Then the price will do what it has to do.
So let's see what happens.
Maria
Rising Wedge BREAKOUT!!Price is currently breaking out of a Rising Wedge (waiting for confirmation on the daily close). So I am looking for a retest of the wedge if we do confirm, and the low side of the previous consolidation is my target.
Trade smart, wait for confirmation, and manage your risk!
Happy Trading!
-Nick