BitcoinMis à jour BTCUSD - 1D - Double doji pattern
Not a financial advisor.
Currently looking at prices closing above the MA20 and currently printing a double doji (Depends how the daily will close).
I normally do not trade the double doji pattern but it is interesting to see it printing out on the daily.
Stop loss - either the MA20 (but as you can see often candles pierce below) or the lowest wick from the Dojis.
Target - I have been discussing whether this is a "M" or a "W". I am currently biased towards a W or even a Cup and Handle.
I suppose target is easy to calculate.
Good Luck!
Currently looking at prices closing above the MA20 and currently printing a double doji (Depends how the daily will close).
I normally do not trade the double doji pattern but it is interesting to see it printing out on the daily.
Stop loss - either the MA20 (but as you can see often candles pierce below) or the lowest wick from the Dojis.
Target - I have been discussing whether this is a "M" or a "W". I am currently biased towards a W or even a Cup and Handle.
I suppose target is easy to calculate.
Good Luck!
Note
I would not consider the current candle a doji but ... well it is behaving as expected...meaning:- yesterday's doji at MA
- "W"/ Cup and Handle formation
=> let's wait for the reaction at the W or the C&H neckline.
Note
Restesting the MA20 daily:Note
BTC better behave here:Note
Note
Breaking downTrade fermée: ordre d’arrêt atteint
Transaction en cours
Possible bounce...indecision...Waiting on the triangle to resolve itself!Note
The W pattern is still in play:
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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.