It was a wedge trading system that draws automatic the lines. 3 lines upper middle and lower line
When the candle comes out of this line it placed an pending order for sell or buy.
basicly it goes a bit against the trend when its up or down. For example when the market is in a uptrend and the price comes out of the wedge it placed a “Sell”order with a target where it comes out the wedge for the first time where comes back in and for real good profit a 3th target at the bottum of the wedge.
Could you please explain a bit more what is about this strategy please? I understand that it deals with wedge patterns breakout, but next? 🙂 Thank you.
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