We have broken a Descending Channel, however we've missed the initial entry.
I will be waiting on a retest of the top of the pattern for entry.
TP: Approximately the height of the pattern, or ~0.003797 from initial break point, ~0.02065
SL: Previous swing low, around 0.015266
R/R: ~2.5-2.7 depending on entry
Pattern info: thepatternsite.com/channels.html
I will be waiting on a retest of the top of the pattern for entry.
TP: Approximately the height of the pattern, or ~0.003797 from initial break point, ~0.02065
SL: Previous swing low, around 0.015266
R/R: ~2.5-2.7 depending on entry
Pattern info: thepatternsite.com/channels.html
Trade active:
Price reached My limit buy at 0.1708. Trade active
Comment:
Successful retest so far, hopefully we see our upward movement from here.
Comment:
Bitcoins recent dip pulled us down aswell, however we have not yet reached SL and as such I will be holding this position.
Trade closed: stop reached