Here we have a wedge pattern.
FTSE 100 TVC:UKX
Good morning so Here we just have a small example of a defending wedge pattern to show you how it suppose to work on trades. Please feel free to comment.
On this diagram it does show that it breaks out but it could fall down to the resistance line and then shoot up. for a signal to buy. We like to trade this when it breakthrough the wedge and comes back for support.
As said please comment, I would be interested in some other ideas.