Another try to make some money. I predict that downtrend momentum will cause price action to breakthrough the rising wedge pattern. I don't understand the rally of DJI happened this week, so consolidation is here. This is a risky trade against bullish trend!
Comment:
need more bars to get a clearer picture
need more bars to get a clearer picture
Trade closed: stop reached:
Not such a big trade, but okay bulls are back. So I am going to trade in the other direction on next Monday for some pips (given that no bad news will be published)
Symmetrical triangle may continue bearish momentum, do not get nervous.