Now this ascending triangle is visible for everyone.
If its structure holds, a long trade targets would be $22k and $23k.
We might even try to see the ABCDE correction wave here (I personally don't like that there is no clear (3,3,3,3,3) structure).
This triangle is against the other signals, which are bearish, but at least it is supported by the preceded trend.
Not a financial advice.
If its structure holds, a long trade targets would be $22k and $23k.
We might even try to see the ABCDE correction wave here (I personally don't like that there is no clear (3,3,3,3,3) structure).
This triangle is against the other signals, which are bearish, but at least it is supported by the preceded trend.
Not a financial advice.
Trade closed: target reached:
First target reached (an average rise level for an ascending triangle). Too fast, but who cares, right?
Not sure about the second one, but will see.
Not sure about the second one, but will see.