Wait for a breaout and open the position after retest.
Setup is cancelled If
1. it bounces from the lower line
2. Not Enough Volume when trendline is broken
3. Enters the trendline after breakdown, or failed retest (fakeout)
Note. Looking at the current market conditions and position of other major coins like BNB, I am bearish. Not a Financial Advice.
Setup is cancelled If
1. it bounces from the lower line
2. Not Enough Volume when trendline is broken
3. Enters the trendline after breakdown, or failed retest (fakeout)
Note. Looking at the current market conditions and position of other major coins like BNB, I am bearish. Not a Financial Advice.
Note
Waiting for the successful retestTrade closed: target reached
Bingo
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.
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.