$IWM $RT_F needs to chill out a bit

I am not a big proponent of trendlines but this pattern is coming to a head real soon. This wedge lines up with a bunch of other stuff I am seeing, hearing, feeling.
Not sure how or when it plays out but it would seem logical to sell a bit in to the strength and buy some puts about a month out.

Trade fermée manuellement:

That obviously resolved to the upside....

Commentaire:

There was a great buy-signal on H4 the 21ma hold

Trade fermée manuellement:

Closed shortly after the idea was posted.

Commentaire:

Play on this setup was to the daily 200ma and/or weekly 50ma

Trade fermée manuellement:

It eventually worked out but not based on that setup