Yes - I drew a potential wedge on the GDX 60 minute yesterday
and showed it in newsletter last night as something to monitor.
It's not ideal since the MACD has yet to show divergence.
A true wedge should bust out hard and fast so adhere to stops
if it's not ready.
Is this falling wedge valid on the 15?
GDX 30
Posted by angelique on 28th of Oct 2016 at 11:54 am
Yes - I drew a
Posted by steve on 28th of Oct 2016 at 12:13 pm
Yes - I drew a potential wedge on the GDX 60 minute yesterday and showed it in newsletter last night as something to monitor. It's not ideal since the MACD has yet to show divergence. A true wedge should bust out hard and fast so adhere to stops if it's not ready.
Thanks Steve
Posted by angelique on 28th of Oct 2016 at 02:02 pm
Kept a close eye - in and out. Thanks!