lukatrade

Bullish wedge pattern validated on breakout

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
The pattern looks clear so I go long on break of a pennant with target at 5918 that is calculated from the impulse leg.
veryevilone PRO
3 months ago
Not only did price not break down much when the small recent triangle broke down. it didnt even make a lower low. Then we preceeded to break a major trendline up + price rose 5-10%. That is very bullish!
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