jetly232

Rising wedge - Sell

Short
FX:EURUSD   Euro / U.S. Dollar
Long term trend - Long
Nature - Corrective phase
Pattern - Rising wedge
Stoploss - 50 pips
Risk: Reward - 1:4

Rising wedge is a reversal pattern highly suggestive of a change in trend to SELL.
Trade active: Trade is active now.
Have cut my losses to -0.5% (ie. stop loss moved from 50 pips to 25 pips)
Ones the trade moves more in out favor shall breakeven
Trade closed manually

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out