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QuantumPotato
1 sept. 2022 11:35

Falling wedge, long the pullback Long

Index of top 30 shares on Wall StreetFXCM

Description

Entering right now (the now of the time I'm writing that, but I don't know why I needed to state this obvious fact).
So, was I saying before interrupting myself quite rudely: entering now seems acceptable, but it's an aggressive entry.

Other entries I'd see: breakout, breakout follow-through, pattern line retest, pullback

Commentaire

Also, I wouldn't be surprise if we reverse on my Target 1 area
Commentaires
QuantumPotato
Unrelatedly to this idea, I recently implemented something that increases my profitability a lot: A wider stop-loss.
If I trade a double top, I assume a stop loss hunt can occur and will place it out of reach of a false high.

Caveat to this advice: it's not valid for scalping,
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