2025-06-09 06:03:42

Trading Myth vs Reality: Rising Wedge

❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."

✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line

💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout

MYTH-3.1%

A0.37%

CLEAR-0.94%

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Milaluxury

· 06-10 04:31

Interesting information. Thank you.

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GateUser-7e992bda

· 06-09 07:17

Buy to earn 💎

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ShiFangXiCai7268

· 06-09 06:35

💡 How to Trade Correctly: · Wait for a pullback after the breakout · Set the stop loss above the upper band · If the price breaks above the upper band, the Trading Volume must confirm, otherwise it is a false breakouts.

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