Multiple LONG entry points in a Falling Wedge

5 Oca 2022

Price action forms a narrower price range. Wedges can present as both a continuation and a reversal pattern. This means the price may break out of the wedge pattern and continue in the overall trend direction of the asset. However, the price may also break out of a wedge and end a trend, starting a new trend in the opposite direction. I see multiple meaningful entries for a Long.

Please, share your opinion and trade safe.

6 Oca 2022

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