Interesting Constellation: DoubleTop&Bearish wedge vs. Breakout

Interesting playground for shorties: Fixing the present Level has a very nice Chance-risk-Ratio with a stopp near above todays top (for example 10.700)
The Patient cyclical Trader would prefer the BO.
The longterm buying-Trigger is still 10.800!

تعليق:

wedge triggered

تعليق:

ok ok - understood!

تعليق:

In the hourly Chart NOTHING happened! A nice buying-candle appears!

تعليق:

Have we seen a false breakout / beartrap?

تعليق:

buying candle! oh yes!

تعليق:

No more danger of the wedge, no more danger of the possible double top! now 10.800 can be aimed!

تعليق:

oh oh...now an ugly selling candle????

تعليق:

تعليق:

and here is the BO!

تعليق:

Time to short it (scalp)?

تعليق:

تعليق:

next flag ?

تعليق:

تعليق:

تعليق:

?

تعليق:

wedge triggered..

تعليق:

~ 10.800 is still THE LEVEl TO WATCH for further Longs