Now, you know what to look for

Updated

Hello friends,

As you see, this pattern is a rising wedge.

There are a few indicators that can be used. As you know, in a rising wedge pattern the volume should (may) be decreasing, showing a divergence between price and volume

It's taken me a little time (see attached Idea) to discover whether the pattern is a real pattern or a disguise (Trendlines across 7 points), Now I know it's true. At present, you know what to look for.

A Possible scenario is shown in the chart.

Note

Note

Trade closed: target reached

BTC-XLM

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