Porsche AG VzLong
Breakout of the wedge on the support.
In the figure, you can see the support marked with a purple color, which is the defense of the previous LOW.
There is also a wedge on this support.
If the trend line is broken, and the wedge is broken at the same time, there is a possibility of entering a trade and achieving a risk to reward ratio of four to one.
There is also a wedge on this support.
If the trend line is broken, and the wedge is broken at the same time, there is a possibility of entering a trade and achieving a risk to reward ratio of four to one.
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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.