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CAS_Trading
Aug 19, 2019 5:09 PM

BTC/USD - Rising Wedge 

Bitcoin / DollarBitfinex

Description

Sell on the break + hourly close below the wedge.
Target level based on the MPO from the base of the pattern.
Stop 20$ above the last high.

Trade active

As expected the wedge had been broken. Short trade opened.

Trade closed: target reached

Assuming that the MPO was projected from the break of the wedge, not as on initial chart, the Target has been reached.
Another perfect pattern trade.
Congrats to all who followed my advice!
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