We see some good jumps on the chart, is it possible that it is time for a pullback by this rising wedge? The wedge is closing in so the answer is near, just like the USDCHF trade I'm not trading it yet.
Would like some feedback, or a like! Thanks for reading
Комментарий
⋅
Still nothing to add here, the wedge is still valid and at the moment testing for the support. If traded I would recommend for a breakout or tight SL. The breakout can't take very long anymore.
Комментарий
⋅
Had to even stretch the lines, still in this wedge. As said yesterday it can't take much longer, in maximum two days I expect to see the outcome of this wedge.
Комментарий
⋅
This IBM just really don't know what to do. It should have dropped a lot more then it's doing now. This wedge was either not valid or it's really a fight between bulls and bears now.