Max profit plays if this wedge breaks down
This is not investment advice. I was drawing this up for personal use and decided to share. It appears the breakout center is near the top of the wedge (based on fib time zones and trend based fib time zone forecasts)
Expecting the fib retracement near the intersection of the wedge edges to be the trigger.
Unless something happens short term to cause a break out, I'm staying in cash. If breakout occurs before the breakout zone, I'll have to recalculate targets and positions for max profit.
Pease be upon you and the markets until then.
Expecting the fib retracement near the intersection of the wedge edges to be the trigger.
Unless something happens short term to cause a break out, I'm staying in cash. If breakout occurs before the breakout zone, I'll have to recalculate targets and positions for max profit.
Pease be upon you and the markets until then.
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