LONG Dash - Target 600

13 בנוב׳ 2017

Falling wedge signals a likely bullish run, if it breaks out of the wedge it should go to a target of approx 600.

13 בנוב׳ 2017

הערה

Waiting for break above wedge, to confirm bullish run. Entering trade on breakout.

13 בנוב׳ 2017

הערה

There's a bullish hammer on the 15 minute chart, and reversal candles on both the 30 min and 1 hr charts.

13 בנוב׳ 2017

הערה

Broken out of wedge now, I'm going to take a further break above 430 as bullish confirmation and enter the trade there.

13 בנוב׳ 2017

עסקה פעילה

13 בנוב׳ 2017

הערה

The previous high of 520 will serve as resistance, the breakout could get stopped there... allthough if that does happen I'd expect it to form a J curve, and then break that resistance and continue on to the target

13 בנוב׳ 2017

הערה

previous 1hr candle closed above the wedge, definitely a good sign.

13 בנוב׳ 2017

הערה

Currently retesting the top of the wedge

13 בנוב׳ 2017

הערה

this isn't a downwards wedge, it's a flag... still looks like it will breakout quite soon, but the charts wrong, so I've just published a new one.