Pattern = Bearish Butterfly Open Price = 0.64628 Stoplost =0.65007 Takeprofit = 0.64109
GBPJPY as expected went upward and made a retest of the Higher Boundary of an Ascending Channel, +230 pips of profit was made. We have a rejection from the Higher Boundary. So we can switch short when market opens. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Rising Wedge We have the Rising Wedge fully formed and currently USOIL heading to retest the Lower Boundary of the Formation. If there is a breakout we can initiate a short position.
I did my analysis on Bitcoin . Be careful in this strategy. If the price reaches the first target where the Resistance level is, then the price will Fall to the Key Level. If this does not happen, then do not enter the deal. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.