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V break out from consolidation in play, but need confirmation

69
A rising wedge appears to have formed inside the two month flattish consolidation channel.

Touching upper bound

Should we see a break out, measured move to 215; Conversely, should support be breached first, target 193/4 but expect the consolidation channel to hold

Risk award skewed towards upside, but waiting for ES1! to resolve here first before a major next leg move in V



Current position: Flat

Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.
İşlem kapandı: hedefe ulaştı
Target 215 reached overnight before dipping into broader weakness at open 212h; Taking profit here to risk manage

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.