Hi everyone, Waves looks now that downtrend not end yet here, we are in falling wedge and maybe go for double bottom around 24000sat-25000sat, this is buy range for me. if we come here. Stochastic looks not good here. Is possible that we break falling wedge sooner, so after that this trade is not active for me. I am waiting for 25000sat. Then I am opening long on Waves.
Targets and stoploss after we reached buy range.
I will be update it.
Thank you for likes, comments and follow, dont forget :)
Note
Today Waves show false breakout, pump to 31000sat and after back to falling wedge, today volume is 3x bigger than yesterday. but we continue in pattern for nowNote
Hi, tommortow waves out of falling wedge, but now we move inside, so is possible that was false breakout, we will see how close today candle, and if we test resistance on 26000sat, I am waiting for buy range 24-25000sat but inside falling wedge, so for now out of the trade.Note
Hi all, we are back in falling wedge, now we are testing resistance line around 26000sat, stoch 1day overbuy, so I dont think that here will be power for breakout, possible testing our buy range 24-25000sat soon.Note
Waves now is testing resistance our falling wedge, there is possible another wave down to buy range 25-24000sat, stochastic 1day overbuy, if we can see to buying range, there will be chance catch double bottom and rebound hereNote
Break out falling wedge up today, we look around 28000sat, now possible retest around 26000satTrade closed: target reached
Today target 28500sat reached, but falling wedge break out sooner, I was waiting for buy range in falling wedge around 25-24000sat. Thank you
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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.