How does this improve your trading....

This ASML chart is telling us that ASML is falling hard after it breaks that rising wedge triangle, with a "potential" target of 550.

However, as it is falling, it is also forming a falling wedge. If ASML can break up out of this falling wedge, then, we have a potential to get back to 1000.

So, how do you trade this?

1: We wait for the 550-600 range to enter the position

or

2: We wait to see it breaks this falling wedge and chase high on the rebounce.