WMT - short position
hi traders
Let's have a look at WMT on 4h time frame.
The price was in the ascending broadening wedge pattern.
It looks like the bearish divergence played out and we got the successful break-down.
Enter the short now or wait for the price to retest the previous support and confirm it as resistance.
Target for shorts: 76,66.
Invalidation: If the price comes back inside the pattern, the trade should be exited.
Let's have a look at WMT on 4h time frame.
The price was in the ascending broadening wedge pattern.
It looks like the bearish divergence played out and we got the successful break-down.
Enter the short now or wait for the price to retest the previous support and confirm it as resistance.
Target for shorts: 76,66.
Invalidation: If the price comes back inside the pattern, the trade should be exited.
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