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
*** 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
Kommentar:
Looks like the wedge isn't emerging. So this idea is no longer valid
Kommentar:
Actually, I'm silly, could be a slightly shallower wedge as my original line is flawed
