POSSIBLE WEDGE PATTERN
Price has been continually pushing to the upside .
seeing a potential wedge pattern forming.
will wait to see the direction of the breakout from this wedge .
I am looking for it to break bullish with a retest upon the outer part of the wedge to signal my entry.
however, if it breaks bearish, I will wait to see how price responds to the white zone.
Remember to always stick to YOUR own trading principals but I hope that this may serve as an idea.
It could be a nice little 50 pip trade!.
Price has been continually pushing to the upside .
seeing a potential wedge pattern forming.
will wait to see the direction of the breakout from this wedge .
I am looking for it to break bullish with a retest upon the outer part of the wedge to signal my entry.
however, if it breaks bearish, I will wait to see how price responds to the white zone.
Remember to always stick to YOUR own trading principals but I hope that this may serve as an idea.
It could be a nice little 50 pip trade!.