If wedge continues, could be decent r/r for long

IF the wedge continues, NU might reach a decent area for a LONG trade that offers good risk reward.

*** This is only valid if the higher lows continues and offers a decently small area to put a stop loss below.

However, there is some concern as there was a double top.

We will have to see if the pattern emerges

Yorum:

Looks like the wedge isn't emerging. So this idea is no longer valid

Yorum:

Actually, I'm silly, could be a slightly shallower wedge as my original line is flawed