WMT symmetrical triangle
What we can see on the chart is the symmetrical triangle which is neutral formation therefore we should wait with taking position as it may breakout to the upside or to the downside.
How to trade:
Enter long or short position once the price breakout of the triangle.
Targets for longs and shorts are shown on the chart.
In order to avoid trading the fake breakout, look for a volume surge.
Good luck
How to trade:
Enter long or short position once the price breakout of the triangle.
Targets for longs and shorts are shown on the chart.
In order to avoid trading the fake breakout, look for a volume surge.
Good luck
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