Trade rising wedge pattern like a pro with price action trading – S&P 500 day trading [Video]

Ming Jong Tey Independent Analyst

Pattern trading is popular among various technical analysis methods. It can be profitable because patterns such as rising wedge is easily identifiable when you are familiar in spotting chart patterns. However, majority of traders over simplify pattern trading without considering the rationale behind the profitable trades. Even worse, they are confused when the pattern trading fails from time to time no matter they are using either pullback trading or breakout trading as entry.

In this video, you will find out how to trade rising wedge pattern like a pro with price action trading to increase your winning rate and be profitable. On top of that, you will understand the real reason behind trading the rising wedge pattern and a few other nuances you will need to pay attention to. Watch the video below:

Timestamps

1:28 Market recap.
4:00 Trade review.
4:38 Supply Zone.
6:00 Rising Wedge pattern.
8:30 Market weakness.
13:40 Summary of trading rising wedge.
15:00 Current stock market outlook.

Author

Ming Jong Tey

Independent Analyst

Ming Jong Tey has been trading since 2008. He started his learning journey from technical analysis (indicators, Fibonacci, etc...) to value investing. Throughout his journey, he develops an interest in price action with chart pattern trading.

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