Longing after a double bottom formt twice on a resistance
After froming an falling wedge, i expect an reversel with an rally at fibonacci 0.618 within the demand zone. The Take-Profit is the first upside candle in the strong down trend because it is an bearish order block.
Shorting Luna because of Wedge read first idea for explenation. Be carefull and wait for conformation and set your Stops
This is a Tutorial how to use the falling Wedge pattern as longing condition because its relativ reliable. The falling Wedge is a reversal pattern which will form during an uptrend, so it will interrupt the prior trend. Which isnt that easy to identify if you dont have any experience.(Tip just use the Indicator from tradingview it will work great and do a lot of...