Rising wedge in Gold
Updated
Hi everyone. I usually trade with the trend but for the first time I'm Shorting in an uptrend To experience the Rising wedge pattern. I have taken a risk reward ratio of almost 10 so even if it hits SL no regrets. BTW SL is just above the previous swing high and Target is previous Support 2.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.