BTC rising wedge upward breakout 3100+ targets on.
Updated
The corrective rising wedge broke out , scaled in, target up is 3100 + for this pattern for assured profit. Only some USD from ATH breakout for ultimate confirmation, Ichimoku cloud signals positive on each and every timeframe.
Since we are on a post-majorcorrection breakout, leverage is maximum.
1.618 Fibo of complete corrective downward retracement and fully optimistic rising wedge computed target gives a 3350 + level
Check here for idea about how to compute target for a confirmed rising wedge upward breakout :
thepatternsite.com/risewedge.html
Since we are on a post-majorcorrection breakout, leverage is maximum.
1.618 Fibo of complete corrective downward retracement and fully optimistic rising wedge computed target gives a 3350 + level
Check here for idea about how to compute target for a confirmed rising wedge upward breakout :
thepatternsite.com/risewedge.html
Trade active
ATH breaking everywhere, goes well.Trade closed manually
Position closed when prices crossed upper rising wedge trendline again. Target not reached.
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