Falling wedge is formed.
However, The market is highly volatile and fake break out is continuously happening.
Be sure to not to be fooled by false breakout.
Make sure to set a stop order at the bottom of the pattern.
If the price break out to the bottom, There will be a bloodbath.
Make sure to set a stop order, consider there will be a false break out toward the bottom, before a huge pump.
However, The market is highly volatile and fake break out is continuously happening.
Be sure to not to be fooled by false breakout.
Make sure to set a stop order at the bottom of the pattern.
If the price break out to the bottom, There will be a bloodbath.
Make sure to set a stop order, consider there will be a false break out toward the bottom, before a huge pump.
Trade stängt manuellt:
Falling wedge seems a fake pattern. The indicator tells different thing when the period is changed. Pattern will likely be break out to the bottom.