PG has been in an uptrend , but we can observe the bearish divergences developing.
If they play out, we will see a breakdown of the rising wedge.
Once it happens, the short position can be taken.
Enter short ONLY if the successful breakdown occurs.
If it doesn't happen , the uptrend will continue.
Approx. Target for shorts is shown on the chart , but keep in mind that everything depends on the breakdown point.
Do you agree?
Good luck
If they play out, we will see a breakdown of the rising wedge.
Once it happens, the short position can be taken.
Enter short ONLY if the successful breakdown occurs.
If it doesn't happen , the uptrend will continue.
Approx. Target for shorts is shown on the chart , but keep in mind that everything depends on the breakdown point.
Do you agree?
Good luck
액티브 트레이드:
successful break down
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