Long
CDT Wedge Looking to Breakout!
CDT is moving within a few wedges and has the potential to breakout. The key for it to build momentum in the yellow wedge is for it to close above 1200 tomorrow without it breaking below. If it breaks below yellow movement within the blue wedge is expected.
My position is long.
TP: 0.0001
Duration: 2-3 years
My position is long.
TP: 0.0001
Duration: 2-3 years
Trade active
came down to blue line and broke it a little, but has rebounded back into the wedge. This is acquisition time!Trade active
within wedgeTrade active
within wedgeTrade active
Within wedge.Testing lower limits of the wedge.
If price remains above 970,things will be looking good.
However, there has been a lot of downward movement and there may not be enough momentum to bounce up.
looking with caution.
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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.