In the last article, we’ve discussed the time factor in high-frequency trading. It's time for position and swing trading. Things are a little more complicated here. Let's figure it out.
Today we'll talk about the Wedge. Visually, the figure resembles a triangle. However, this pattern produces clearer signals. During the formation of the triangle, you have to wait for the breakout of one of the triangle sides in order to determine the further price movement. The wedge gives a clear reversal signal.
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