Short

Bitcoin - Rising Wedge

Updated

Trade 1:
Side: Long
Entry: 7310.0
Stop Loss: 7229.0
Target: 7644.0
RR(BTC): 3.32
RR(USD): 4.12

Trade 2:
Side: Short
Entry: 7644.0
Stop Loss: 8201.0
Target: 6404.0
RR(BTC): 2.77
RR(USD): 2.23

Trade active

Trade 1 Open

Trade closed: stop reached

Trade 1 Closed at Stop Loss

Trade active

IHS not supported by volume, but with right shoulder forming at intersection of upper thirds of fib speed fans, and indicating the same target indicated by other analysis.

Trade 3 Open
Side: Long
Entry: 7300.0
Stop Loss: 7279.0
Target: 7644.0
RR(BTC): 9.89
RR(USD): 16.38

Note

Trade 4 Order Placed:

Side: Short
Entry: 7889.0
Stop Loss: 8001.0
Target: 6461.0
RR(BTC): 14.19
RR(USD): 12.75

Trade active

Trade 5 Open:
Side: Long
Entry: 7273.0
Stop Loss: 7239.0
Target: 7644.0
RR(BTC): 7.69
RR(USD): 10.91

OrigamiOracle

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