Long

Gaps and Wedges

107
snapshot
Big question is whether this rising wedge is in fact wave 1 of an impulse up as above...
Or if it is part of a continued corrective move down as below:
snapshot
snapshot

Shorted yesterday's 5 waves up, and found the entry here all the same, giving initial target of (e) in the chart above:
snapshot

Interestingly, just breaking out of a battle with resistance from yesterdays very interesting ‘gap up’ level:
snapshot
Not often seen in bitcoin obviously because it never sleeps and there are no trading sessions. Interesting to see it yesterday:
snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.