ES 10min
Pattern I'm looking to trade: Breakout of Ascending Broadening Wedge
Plan A (for breakout below ABW)
Entry Points (Shorts): Below 826, at no specific points
Exit Points: 817, 813, 807
Plan B (for busted breakout)
Entry Point (Longs): above 832.5, at no specific points
Exit Points: 840, 849
2 comments:
thanks for the email, Ju. I wrote you (a semi-lengthy) reply just now.
Another important level to watch is the uptrendline on the ES dail chart from November lows to now @ 820.
Exit point for plan B at 849 is good as of course, 850 is major resistance as well as the 50 dma.
Hello Jane :-)
Yes, noted 820.
ES just broke above 832.5 and doing a 38.2% retracement...should be aiming for 837 I guess...
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