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Falling Wedge - Buy Breakout of Structure

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Falling wedge is generally a bullish pattern signaling that we will likely see the price break upwards through the wedge and move into an uptrend. The trend lines of this pattern converge, with both being slanted in a downward direction as the price is trading in a downtrend.

Target 1 and 2 marked.

Cheers!
交易進行
Entry at $76.00 (break of formation)

Holding for next move with a stop loss below $70.00
交易結束:達到停損點
Trade closed, stop loss hit

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