Rising wedge formed. 42300 support retesting
You never know when a rising wedge will break really but one thing for sure is you don’t go long when you see it forming.
Rising wedges can be invalidated by a violent breakout. However, that usually results in an upper wick and falls back down anyway.
Cheers GL. This is a follow up from my previous in depth analysis.
Rising wedges can be invalidated by a violent breakout. However, that usually results in an upper wick and falls back down anyway.
Cheers GL. This is a follow up from my previous in depth analysis.
Nota
Update on rising wedge. Since 42.4k alert that's almost a 1K drop. Next level to watch for 41420. We are under liquidity zone from Friday now.Nota
Rising wedge update. All targets hit. Watching next support break, if applicable.40.1k - 40.6k will be a tough one as indicated.
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🔥 Trade with me & learn: discord.gg/buythedip
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.