TradingView
jetly232
Sep 15, 2020 10:56 AM

Rising wedge - Sell Short

Euro Fx/Canadian DollarFXCM

Description

Price is forming a rising wedge pattern which is suggesting a heavy drop in price soon.
Keeping a close watch on it.

Please Note:
Just knowing the direction of the next move will not help being profitable.
There is a lot more to it with regards to the entry technique and successfully managing the trade after entering the trade.

If you look at my previous trades, 90% are impulsive moves covering about average of 80-100 pips.
So you need to make sure you enter the trade at the right time and manage the trade to get the maximum amount of pips from it.

Comment below in case if you need to know how to do it if interested.

Comment

Trade played out as per plan.

Thank you to all those who have sent me private message to learn more about the trade
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