Rising wedge - Sell

Updated
Trend - Short
Nature - Corrective phase
Pattern - Rising Wedge
SL - 50 pips
R:R - 1:5

Rising wedge pattern is suggestive of a reversal in trend. Bearish move forecasted
Trade closed: stop reached
Price has hit our stoploss.
As long as there is no change in the pattern, I will re-enter the trade again as you never know when will your probability work out
Chart PatternsTrend AnalysisWave Analysis

Also on:

Disclaimer