COINBASE:BTCUSD formed a wedge on the 4 hour bars right above the massive wedge we've all had our eyes on.. as the 4 hour wedge broke we had a day bar close below the massive wedge visible on the day bars.. the price has hovered just below the support of the larger wedge and has, as of right now, come back up to touch it once before going back down, if the price...
btc and etherium both forming wedges around 8450 & 700 respectively, ETH/BTC strugglying to pass 38.1 fibb.. ratio of longs to shorts as increased since they were equal a few weeks back.. BITFINEX:BTCUSD BITFINEX:ETHUSD BITFINEX:ETHBTC
charting for chartings sake :) now how do make money off this?? haha anyone see any good trades?
I'm gonna be trading the breakout that occurs when the price breaks out of that descending wedge on the daily chart or when we get a daily bar that closes below the blue support line drawn on the weekly chart (and visible on the other charts).. that will be a big...
in a desceding wedge likely to turn downward and hit the bottom of the wedge in an area that contains a lot of other stronger, more horizontal resistance will this be where the bounce happens and breaks upwards out of the wedge?
**same as last post but in 1D bars
in a desceding wedge likely to turn downward and hit the bottom of the wedge in an area that contains a lot of other stronger, more horizontal resistance will this be where the bounce happens and breaks upwards out of the wedge?
buying at test of neckline - trading from neckline of this h&s down the neckline of the bigger h&s visible on the weekly and monthly charts FOREXCOM:USDMXN
