BTC - Rising Wedge UPDATE
Rising wedge with volume diverging.. I dont believe we have turn bull yet and will short once bottom line of rising wedge is broken..
Note
The bigger pictureNote
Tip: A candle can go through the line on first instance but may be bought back in before the candle closes. Wait before the candle actually is closed.
Alot of fake outs are happening at this moment
Note
Trade closed: stop reached
Rising wedge keeps becoming a bigger rising wedge.Broke support, formed a bear pennant that went up.
Trade safely, take care of your stop losses!
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Disclaimer
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.