Hi Traders,
These Alts are giving nice formations and many are descending wedges.
This chart has hit its 1st target and confirms that the wedge is in play.
I bought out the previous level which was a breakout trade and now looking to reenter after confirming its formation.
Its no brainer, its a clear chart with a channel and within that, a wedge.
The bullish part is that its holding above the channel, hardly any slippage.
How to trade this? Buy now.
Note: the chart below is an updated version of the targets.
I given the targets based on a few measurements on wedge formation and fib extension. Dont forget the 0.618 fib level which has confluence with the channel pivot point.
All the best,
S.SAri
These Alts are giving nice formations and many are descending wedges.
This chart has hit its 1st target and confirms that the wedge is in play.
I bought out the previous level which was a breakout trade and now looking to reenter after confirming its formation.
Its no brainer, its a clear chart with a channel and within that, a wedge.
The bullish part is that its holding above the channel, hardly any slippage.
How to trade this? Buy now.
Note: the chart below is an updated version of the targets.
I given the targets based on a few measurements on wedge formation and fib extension. Dont forget the 0.618 fib level which has confluence with the channel pivot point.
All the best,
S.SAri
Note
Trade closed: target reached
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.