Posted by: rp on the 4th of Jan 2012 at 11:55 am
if anyone took WG, you have two choices: T2 on the 60 min chart has now been hit, so take profits OR… the daily falling wedge, also shown in the original post, is now breaking out today, so this could morph into a much larger swing trade. volume is slight above average so far but nothing spectacular. maybe consider taking profits here and re-entering on a break of the 60 min resistance (T2) and confirmed breakout (on above avg vol) on the daily chart.
