This was a trade I set up during my 22 December stream. Thanks to the viewer who brought this chart to my attention. This turned out to be a successful trade and a re-entry chance has just appeared. Our first entry was at 1134 Sat triggered by four things:
1. Price slowly declining to the middle of the previous big green candle.
2. Price slowly nearing the rising...
We see a falling wedge on the ERGBTC chart that has been running since 20 October. We see that RSI has been steadily increasing making an RSI divergence. Once price breaks above the falling wedge, this will be our confirmation for entry. I would set a tight stop loss at 1016 Sat and look for an early exit at the 1474 Sat support/resistance line, anticipating a...