My mult timeframe weis wave fingerprinting strategy detected a strong down pattern. The pattern has an average move of -4% based on past occurrences. I was able to enter a short right before the break down. We will see if this pattern will follow through in line with the average.
I entered a 5x short @ $0.1148, the price after receiving the push notification and executing the order on the DEX where I trade this asset.
Trade active
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My short is still active
fingerprint blocks cd-f completed with an 'l' fingerprint instead of a 'jl' fingerprint block. both the l and jl blocks behave similar. They are blocks that span an average of 3-7 candles and exhibit a pivot or continuation of the trend.
3 new possible fingerprints have been identified to complete the current f-l fingerprint pattern. two are negative moves, and one a showing a reversal of trend. My strategy has selected the bearish trends. Once the fingerprint has completed, confirmation on continuation or trend reversal will be known.
Trade closed manually
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I have closed my short trade @ $0.1110 as a positive possible fingerprints are now showing.