Go long on Pennant Break with confirmation. Targets are fractal based, dependent on flagpole length.
With the recent bitcoin drama, Eth may have more room for upside.
Set stoplosses under the bottom trendline of the pennant for maximum RR.
With the recent bitcoin drama, Eth may have more room for upside.
Set stoplosses under the bottom trendline of the pennant for maximum RR.
Note
TP1: .065TP2: .075
SL: .038
Note
4H finally closed outside of the upper trendline. This trade is now valid. Hop on!
Note
Bull flag, buy the breakout. Original targets still in play.
Note
4H closed outside of flag structure. Trendline retested. Trade valid.
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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.