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TcholaTrader
May 7, 2018 5:21 PM

ADABTC - Falling Wedge Long

Cardano / BitcoinBittrex

Description

Pursuing 0,618 Fibonacci Level confirming the falling wedge pattern.

Comment

Some things to watch:

DMI crossing up
Regular Bullish Divergence
Break of RSI = 50 level

Comment

Found resistance near the EMAs where I usually like to take profits, but rebought again at this dip, still bullish.

Trade closed manually

Stop losses got activated and the setup got invalidated.
Comments
degentrader1111
you nailed it. I missed it!
TcholaTrader
@ehidalgo919, dont worry, you'll catch the next one!
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