USDMXN 1hr 1mo descending wedge breakout

A short side breakout will be a sharp drop; long side will be a slow grind higher. Range is tightening as shown by the clumping moving averages.

İşlem aktif:

17.74658 short fill

İşlem kapandı: durdurma seviyesi:

17.83 close

Yorum:

Still possible for another attempt at a breakout

İşlem aktif:

17.7280 short fill

İşlem kapandı: durdurma seviyesi:

17.8429 stop and position reversal

Yorum:

This poorly drawn bottom part of the wedge cost me 2 trades, but third time looks like the charm

İşlem kapandı: durdurma seviyesi:

Losses could have been avoided by moving SL to breakeven but sadly I was out this week. Have to take this one on the chin.

Yorum:

17.67 stop