ERN broke a rising wedge pattern to the downside today.
Quick short, as the break was on weak volume, as well as support nearby to the downside.
Target 1 3.75
Target 2 3.50
Tight stop, within 20 cents
Quick short, as the break was on weak volume, as well as support nearby to the downside.
Target 1 3.75
Target 2 3.50
Tight stop, within 20 cents
Trade active:
Price retesting the break today, discretionary stop still in place.
Trade closed: target reached:
took profits as target 1 was approached, t1 of 3.75 was the low tick today. a successful trade . tight stop in place for target 2
Trade closed: target reached:
the low of 3.51 was 1 cent above the target 2, trade closed completely manually. great trade.