EDIT : Put a Stoploss on $HMQ Trade at Break even.
Suppose you have bought HMQ at 1950 Stats then Put a Stoploss at 1970.
Reason : Breakout from ascending triangle failed and now forming a Rising Wedge in 1H Time.
Check For Green box and Red box
and Green and Red Arrow.
Breaking down from the rising wedge will cause its fall to 1900 Levels and if it breaks up then it will touch our old target of 2350+.
Use Stoploss and hold .
Good Luck !
Penafian
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Suppose you have bought HMQ at 1950 Stats then Put a Stoploss at 1970.
Reason : Breakout from ascending triangle failed and now forming a Rising Wedge in 1H Time.
Check For Green box and Red box
and Green and Red Arrow.
Breaking down from the rising wedge will cause its fall to 1900 Levels and if it breaks up then it will touch our old target of 2350+.
Use Stoploss and hold .
Good Luck !