What if the majority of the market is watching a slightly different wedge to yours and it's actually still capped by resistance?
Anyway, something to think about 🤔.
4/🧵
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What if the majority of the market is watching a slightly different wedge to yours and it's actually still capped by resistance?
Anyway, something to think about 🤔.
4/🧵
I give both sides of the argument in the post. They are subjective, but I can say that they are one of my favorite patterns to trade, they are at least good for a quick grab. I mean I am not complaining with my 8% on the trade...
This is also why there are also other pieces to the puzzle like supply and demand zones and volume to confirm the trade.