We have this Ascending Broadening Wedge on the 4 hourly time frame. As we see on the social media everybody is bullish again and that's the point where i am looking in the other direction. I exited my long position from 37.7k because of the bearish divergence on the 4 hourly and entered short postion at 42.2k.
Ascending Broadening Wedge is a bearish pattern and we already have a break out and retest of the support line now turned into resistance.
What do you think about this Ascending Broadening Wedge?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!!!
Ascending Broadening Wedge is a bearish pattern and we already have a break out and retest of the support line now turned into resistance.
What do you think about this Ascending Broadening Wedge?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!!!
MP
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.
MP
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.