Now we see a descending wedge on Chanlink's(LINK) chart, which partially repeats Bitcoin's movements. Usually a rising wedge is a bullish pattern. But what will it be like in this situation?
A breakout could be after a consolidation below the upper trend line. Also, a profitable long position can be opened after a liquidity collection and a false breakout of the wedge. In this case you could put a short stop loss with a good risk to reward for that LONG.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
A breakout could be after a consolidation below the upper trend line. Also, a profitable long position can be opened after a liquidity collection and a false breakout of the wedge. In this case you could put a short stop loss with a good risk to reward for that LONG.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trade fechado: objetivo atingido
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Get access to the Private Club for FREE with VIP signals—plus a chance to grab +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/Biko1YouTube
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/Biko1YouTube
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.