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vf_investment
May 30, 2023 3:45 PM

RNDRUSD short position Short

BINANCE:RNDRUSDT240
RNDR / TetherUSBinance

Description

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On the chart we can see a rising wedge formation. Our strategy is enter a short position when the price retest the resistance line.
We can see an on-going distribution as there is a lower highs construction.

Stop loss: 2.957 USD
Target: 2.021 USD
Entry: 2.785 USD

Trade closed: target reached

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target reached
Trend AnalysisHarmonic PatternsChart PatternsRNDRUSDcryptomarkettradingviewsshortpositionhowtotradeRising Wedgetradingideas
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