USDMXN 1hr 1mo descending wedge breakout

A short side breakout will be a sharp drop; long side will be a slow grind higher. Range is tightening as shown by the clumping moving averages.

تم فتح الصفقة:

17.74658 short fill

أغلقت الصفقة: تم الوصول لوقف الخسارة:

17.83 close

تعليق:

Still possible for another attempt at a breakout

تم فتح الصفقة:

17.7280 short fill

أغلقت الصفقة: تم الوصول لوقف الخسارة:

17.8429 stop and position reversal

تعليق:

This poorly drawn bottom part of the wedge cost me 2 trades, but third time looks like the charm

أغلقت الصفقة: تم الوصول لوقف الخسارة:

Losses could have been avoided by moving SL to breakeven but sadly I was out this week. Have to take this one on the chin.

تعليق:

17.67 stop