After taking profits on the falling wedge long - i instantly took a short
as you can see their is a rising wedge formation which is a bearish structure. BTC continued to make lower lows and higher lows in HTF and failed to break above the falling wedge convincingly.
TP for now will be 46000 which is a good support - all eyes on this support as it has been retested many times and soon it will break to the downside.
Point to Ponder:
Dont marry the position - take profit aggressively as long as we are making money it doesnt matter to long or shot - it has to make sense logically and technically
as you can see their is a rising wedge formation which is a bearish structure. BTC continued to make lower lows and higher lows in HTF and failed to break above the falling wedge convincingly.
TP for now will be 46000 which is a good support - all eyes on this support as it has been retested many times and soon it will break to the downside.
Point to Ponder:
Dont marry the position - take profit aggressively as long as we are making money it doesnt matter to long or shot - it has to make sense logically and technically
Dagangan ditutup: hentian tercapai
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.
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.