Broadening wedge
Updated
Descending broadening wedge PT listed both ways. Once it breaks out of pattern look for volume to confirm validity. H1 closed above MA20 so I like the chances of chasing top BB at GP. 
BTC #bitcoin
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
BTC #bitcoin——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Note
Still in broadening wedge but at LTF HZ resistance.
Note
.786 acting as decent resistance.
Note
H1 look
Note
Also note the evening start pattern forming under 20MA on H2
Trading:
Phemex: Referral Code= EC7RK2
Bybit: Referral Code= 47YY0
Kucoin: Referral Code= 1syh4
Savings:
Nexo: nexo.io/ref/vapxz4xm8x?src=ios-link
BlockFi: Referral Code= 88fda124
Phemex: Referral Code= EC7RK2
Bybit: Referral Code= 47YY0
Kucoin: Referral Code= 1syh4
Savings:
Nexo: nexo.io/ref/vapxz4xm8x?src=ios-link
BlockFi: Referral Code= 88fda124
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.