BTC RISING WEDGE
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
Trade fermée: ordre d’arrêt atteint
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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.
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.