USDMXN 1hr 1mo descending wedge breakout
Diupdate
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.
Trade aktif
17.74658 short fillTrading ditutup: stop tercapai
17.83 closeCatatan
Still possible for another attempt at a breakoutTrade aktif
17.7280 short fillTrading ditutup: stop tercapai
17.8429 stop and position reversalCatatan
This poorly drawn bottom part of the wedge cost me 2 trades, but third time looks like the charmTrading ditutup: stop tercapai
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.Catatan
17.67 stop
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