The dashed line is a weaker resistance compared to others. The yellow area is the target. If the price make a close below grey area, I am gonna SL.
For now, The breakout seem good and it does a pull-back.
Stay safe.
Trade closed manually
Hi traders, It may the case that BTC may form a head & shoulders pattern and AAVE may form double top formation. That is why I closed manually. Even if that would not happen, we've made 10% profit which is very good in this bear market. Stay safe.
Note
AAVE seems to form double top formation. Be careful traders, always watch BTC.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.