For this trade i would suggest an entry point at 0.382 and an exit a 1.0
If the slope of the down turn is very fast i would rather take my profits at the red trendline .
Hope my chart helped you, always glad to share my ideas.
It was just a trade possibility if the stock plunged, there's indeed a rising wedge and you can't deny it. This community is about to share ideas not to belittle those of others I hope that with time you'll learn that as you seem quite new to the community. Good luck with your trades...
I agree with you they are almost parallel it's just a trading scenario if the BTC/USD breaks the long term lower trendline which i didn't draw in the chart. I always have a long and short scenario so i can be more flexible with my trades. Thank you for your comment it's always nice to get some feedback.