Short

Swing Failure Pattern

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The failure swing pattern is a type of reversal pattern that can be used as buy or sell signals. In an uptrend, we see a series of successive higher highs and higher lows but there comes a point when the price fails to make a new high. Waiting to see what the D candle looks like after closing today, I expect a spike and reverse after. To be succesful, the candle needs to close beneed the previous highest high, if not we will ssee a continuation of the trend.
As ever watch out what BTC is doing! Best is to look and find a non-correlated coin as Luna!

Sell limit order at 79, Sl +5% at 82.8

Let's find out!
Transaction en cours
Sell limit hit at 78.65
Transaction en cours
Candle needs to close under 78.50, 45min to go
Transaction en cours
As hoped, candle close under 78.409. Now hopefully a reverse.
SL active
Transaction en cours
Against the odds, a new ATH. SL not hit by a few mm. I hope things are moving in the right direction now. Lots of buy pressure. But also a lot of sell pressure. wait and see
Transaction en cours
I put the trailing sl to 77.45 for a guaranteed win of 1.16% (lev x5). The more the price go's down, the more profit at the end.
Trade fermée: ordre d’arrêt atteint
Trailing SL hit at 750.82, Profit 20.96%
Fundamental AnalysisTrend Analysis

Clause de non-responsabilité