Costa Dorada - mecca for tourists in Spain

  The Spanish Costa Dorada stretches southwest from Barcelona to Tarragona on the east coast. With beautiful sandy beaches next to the mountains, quaint villages and coastal towns, the Costa Dorada is a popular tourist choice for holidays all year round. Families gather here not only because of the wonderful climate and magnificent sandy beaches, but also because of the many attractions. The Costa Dorada has the resorts of Salou and La Pineda, Salou forms an eight-kilometer continuous resort. This stretch of the Mediterranean has beautiful sandy beaches that are ideal for sunbathing, swimming, and a wide range of water sports. The whole family will be happy to take a trip to the Aquopolis water park in La Pineda, and the most famous Spanish theme park, Universal PortAventura. Aquopolis Water Park is on the outskirts of La Pineda and is a great place to cool off when the weather is at its peak. You will even get the chance to swim with the sea lions in the park. The Universal Port A...

Wedge-Wedge

 Wedge Bull Wedge


In an uptrend, a trader may see a bearish or bullish wedge. Unlike triangles, wedges do not have a flat side. Both sides are tilted in the same direction.


With a bullish (descending) wedge, local lows are updated. At the same time, the price in the range slows down. Therefore, on a rising chart, a bullish wedge looks like a small correction. The highs and lows of the wedge are approaching. Typically, traders open short positions after breaking through the upper boundary of the bullish wedge.


bearish wedge

A bearish (rising) wedge forms similarly to a bullish one. The difference is that local maxima are updated. The price in the decreasing range is slowing down. With a bearish wedge, a trend reversal or a subsequent correction is possible.