Use this as a guide to develop your own setup
-Currently, we can see a Wedge pattern (Weakness of the Bullish Movement)
-The Wedge pattern was formed on the upper trendline of the Major Ascending Channel without being able to break it (Weakness of the bullish movement)
-Now we saw a first Breakout of the Wedge pattern and right after that the formation of a flat pattern (you can appreciate better on a lower timeframe like 1H/30min)
-This type of formation on the Edge of the Wedge Pattern gives us the signal of Setting our Entry
-On MACD we can see a huge Bearish Divergence (Weakness of the bullish movement)
-We set out Sell stop-limit order Below the Flat Pattern Structure (2979.75)
-Our Stop is Above the Flat Pattern formation (3000.00)
-We will Break Even at 2950.00
-Out Take Profit will be on 2930.00
-REMEMBER: NEVER RISK more than 2% of your trading account, our recommendation is 1%
-Currently, we can see a Wedge pattern (Weakness of the Bullish Movement)
-The Wedge pattern was formed on the upper trendline of the Major Ascending Channel without being able to break it (Weakness of the bullish movement)
-Now we saw a first Breakout of the Wedge pattern and right after that the formation of a flat pattern (you can appreciate better on a lower timeframe like 1H/30min)
-This type of formation on the Edge of the Wedge Pattern gives us the signal of Setting our Entry
-On MACD we can see a huge Bearish Divergence (Weakness of the bullish movement)
-We set out Sell stop-limit order Below the Flat Pattern Structure (2979.75)
-Our Stop is Above the Flat Pattern formation (3000.00)
-We will Break Even at 2950.00
-Out Take Profit will be on 2930.00
-REMEMBER: NEVER RISK more than 2% of your trading account, our recommendation is 1%
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.
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.