![]() Here it can be very easy to get kicked out of the trade for minimum loss, but if the stock moves to the benefit of the trader, it can lead to an excellent return. This means that the distance between where a trader would enter the trade and the price where they would open a stop-loss order is relatively tight. Therefore, the wedge is like an ascending corridor where the walls are narrowing until the lines finally connect at an apex. The rising wedge pattern develops when price records higher tops and even higher bottoms. It is formed when the prices are making Lower Highs and Lower Lows compared to the previous price movements.
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