BTCUSD - Here We Have A Classical Broadening Wedge

26 de mar. de 2020

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Hello My Traders, this is a real-life example on a classical ascending broadening wedge in the BTCUSD.
I highly recommend to you my educational information I uploaded about broadening wedges to have a good conclusion about this one:

There I gave an insight into how to trade broadening wedges properly, this one is a good type of those I explained.
Now we can see that it is still consolidating but I expect a break-out in the next time.

This formation can be traded aggressively with immediate entry and moderate with entry after confirmation.
Both cases are in this condition good to trade for a profit with proper risk management!
Although the aggressive approach is possible here because risk is low.
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In this manner: “Everything must be made as simple as possible. But not simpler.”

Thanks, For Watching! Check Also My Long-Term-View On BTCUSD And Other Significant Pairs!

Information provided is only educational and should not used to be for market purposes.
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27 de mar. de 2020

Trade ativo