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Wedge

✅UNDERSTAND THE RISING WEDGE PATTERN✅ ☑️WHAT IS THE RISING WEDGE PATTERN? The rising (ascending) wedge pattern is a bearish chart pattern that signals a highly probable breakout to the downside. It’s the opposite of the falling (descending) wedge pattern (bullish). A rising wedge can be both a continuation and reversal pattern, although the former is more common and more efficient as it follows the direction of an overall trend. The rising wedge consists of two converging trend lines that connect the most recent higher lows and higher highs. In a rising wedge, the lows are catching up with the highs at a higher pace, which means that the lower (supporting) trend line is steeper. ☑️KEY FEATURES • The price action temporarily trades in an uptrend (the higher highs and higher lows) • Two trend lines (support and resistance) that are converging • The decrease in volume as the wedge progresses towards the breakout The third point is seen more as a boost to the validity and effectiveness of the pattern, rather than a mandatory element. And it is applicable either for stocks trading mostly. ☑️SPOTTING THE RISING WEDGE Identifying a rising wedge is not so difficult. As a first step, you should eliminate all types of wedges that are present in the sideways-trading environment. The ascending wedge occurs either in a downtrend as the price action temporarily corrects higher, or in an uptrend. ☑️TRADING THE RISING WEDGE Trading the rising wedge pattern is pretty easy. After we correctly identified the pattern all we need to do is wait patiently for the breakout of the wedge to the downside. After the breakout is confirmed(usually at least a 4H candle needs to close below the broken level) we can place a limit order to short the pair on a pullback giving us a better risk to reward ratio. The correct Stop Loss should be placed above the last higher high established by the wedge before the breakout. What concerns the Take Profit level, it must be based on the technical levels below( If there are any). If not, then we might use Trailing Stop or just choose a minimal acceptable RR of 1:1,5 I Hope you guys learned something new today✅ Wish you all Best Of Luck👍 😇And may the odds be always in your favor😇 Do you like this post? Do you want more articles like that?
Education
by ProSignalsFx
11
HOW-TO : Auto Chart Patterns UltimateHello All, I have made this video which covers briefly on following points for Auto-Chart-Patterns-Ultimate-Trendoscope 1. Indicator components 2. Detailed settings 3. Few key features 4. Info about trading different patterns included I could not cover alerts in the video due to time constraints. But, alerts is same as that of HOW-TO-Customize-Alerts-in-Auto-Harmonic-Scripts Let me know if you have any question. For trial access and subscription please look at the script page - 'Author's Instructions' section.
TVC:RUTEducation
by Trendoscope
11
REVERSAL AND CONTINUATION PATTERNS ⚡️Chart patterns are visual representations of price action. Chart patterns can show trading ranges, swings, trends, and reversals in price action. The signal for buying and selling a chart pattern is usually a trend line breakout in one direction showing support or resistance is overcome at a key level. Stop losses are usually set on retracement back inside the previous range and profit targets are usually set based on the magnitude of the previous move leading into the pattern. Many people think of chart patterns as bullish or bearish but there are really three main types of chart pattern groups: reversal chart patterns, continuation chart patterns, and bilateral chart patterns. Understanding the differences is important for traders to understand the path of least resistance on a specific chart based on the primary sentiment of the buyers and sellers price action. Well in this article we will discuss the Reversal chart patterns and the Continuation chart patterns. Reversal chart patterns Reversal patterns happen when a chart has a strong break from its current trend and its momentum reverses course. These patterns show that a trend is coming to an end and the price action is moving in a new direction away from the previous range or direction. These patterns go from bullish to bearish or bearish to bullish. They can take longer to develop than other types of chart patterns. Now I'll show you how the 3 Bullish and Bearish patterns shown in the picture in this Education post. Double TOP and BOTTOM: Well for this first pair of patterns, I have already made a very nice and detailed explanation here in Tradingview, follow the link :) Click Below in the picture. Head & Shoulder and Reversal H&S A head and shoulders pattern used in technical analysis is a specific chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is the highest. The head and shoulders pattern forms when a stock's price rises to a peak and then declines back to the base of the prior up-move. Then, the price rises above the previous peak to form the "head" and then declines back to the original base. Finally, the stock price peaks again at about the level of the first peak of the formation before falling back down. The head and shoulders pattern is considered one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end and vice versa. and Viceversa the reversal will look like this Reversal Rising Wedge and Falling Wedge A wedge pattern can signal either bullish or bearish price reversals. In either case, this pattern holds three common characteristics: first, the converging trend lines; second, a pattern of declining volume as the price progresses through the pattern; third, a breakout from one of the trend lines. The two forms of the wedge pattern are a rising wedge (which signals a bearish reversal) and a falling wedge (which signals a bullish reversal). Rising Wedge This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well. Falling Wedge Continuation chart patterns Continuation patterns signal that the current trend is still in place and it’s about to resume going in the same direction after a trading range has formed. These types of patterns usually form consolidations in price action to let buyers and sellers work through supply and demand before moving higher or lower like the previous trend leading into the range. These are the most popular classic bearish and bullish chart patterns. Continuation Falling Wedge The falling wedge pattern is a continuation pattern formed when the price bounces between two downward-sloping, converging trendlines. It will follow the impulse trend, so a Bullish trend will continue in the uptrend and Vice-versa for il downtrend. And Vice versa the Rising Wedge The Bullish and the Bearish Rectangle A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. Bullish Rectangle Bearish Rectangle: Bullish and Bearish Pennant In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines "the pennant" followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole. Some examples: Hope this post will help you to understand the difference between some examples of the most common reversal and continuation patterns.
Education
by FOREXN1
22
USD/CHF -8/9/2022-• Triangle pattern explained + measurement method • On the weekly chart, while ago, a triangle formation can be seen • Breakout can be either way • In the above case, the breakout was to the upside, supported by strong fundamentals in favor of the dollar • Traders should wait for a successful breakout before placing any trade • Breakout was confirmed by several bars above the upper trend line resistance • Buy order is placed upon the breakout, and the measurement method is applied for profit taking • What is the measurement method? • It is the distance between the lowest point in the triangle and the first high, the widest distance in other words • In this case, the length is 700 pips, so we project this distance from the breakout point • We get the target around parity, which was reached accurately at a later stage
Education
by RamziAbouAbdallah-CMT
Rising/Falling Wedge Ascending Wedge in an uptrend-bearish 1. This pattern occurs when the slope of price candles’ highs and lows join at a point forming an inclinin wedge. 2. The slope of both lines is up with the lower line being steeper than the higher one. 3. Place an order to breakdown and out of the wedge. The drop out of the wedge can be very dramatic. Descending Wedge in a downtrend -bullish 1. This formation occurs when the slope of the price candle high and lows join at a point forming a declining wedge. 2. The slope of both lines is down with the upper line being steeper than the lower one. 3. To trade this pattem, place an order on a break up and out of the wedge.
BINANCE:ETCUSD.PEducation
by yaser_rahmati
1
btc usdt perp ending diagonal tutorialIn this tutorial I'll try and explain how to trade an ending diagonal. You would want to see a market that moves in converging channels(at times these can be too steep like those of rising/falling wedges). Next confirm 5 waves with respect to the channel. Waves 1, 3, 5 should make a triple top, whereas 2 and 4 are joined with one diagonal. Divergences are imperative as well, upon wave confirmation, the RSI divergence should support your bias, in this case, it's a medium bearish RSI, as the price rises, the oscillator remains holding the same region. The guidelines for entries and stop losses are simple. Wait for a break of wave 4's extreme and place the initial stop loss slightly above wave 5. At times there is a retest, which pulls back close to where the extreme of the 5th wave, which is ideal for entries and dcaing. Another approach is entering at wave 5. More often than not, wave 3 of an ending diagonal is shorter than wave 1, and wave 5 is shorter than wave 3, since wave 3 can never be the shortest among 1, 3 and 5. There are a lot of profit taking strategies out there. For this setup, I take profits as a whole rather than fib levels. A typical ending diagonal results in a correction(abc) that completely retraces it (i.e wave c terminates where wave 1 begins). Note: for ellioticians, you'll find that with ending diagonals, wave 4 gets into the territory of wave one, which is valid with ending diagonals and usually this is the case where 1>3 and 3>5. Now this is the setup in summary: 1) entry triggers: - ending diagonal - waves 1 - 5 - RSI divergence - triple top - breakout/breakdown 2) entry: (i) at break of wave 4 (ii) at wave 5 (aggressive approach) If opting for ii, make sure wave 1 is longer than 3 and 5 is shorter than 3 3) stop loss: slightly above wave 5( can be adjusted once significant gains have been made) 4) take profit: wave 2, let the price move till it's the same level as wave 2, otherwise use any profit taking strategy of your choice. 5) enjoy the profits ! That's it for this tutorial, take care and thanks for dropping by :)
Education
by initmx
🔥 Very unique situation is happening for the DYDX 🔥Hello traders 🐺 . As you saw in the title , in this idea I want to talk about this unique situation of the DYDX which in my opinion is very rare and unique in the market specially in the higher time frame like daily and weekly so this could be a very special and profitable trade for you my friends 🚀🔥 . Many of you know about the bullish and bearish divergence and also may know that what this divergence and patterns trying to telling to us ; but there are some traders whos still don't know about this patterns , so I decided to publish this idea and talk more about the bullish and bearish divergence and also talk about the wedge pattern , so this is tutorial content and I hope this be helpful for you my dear friends . wedge patterns : What we have currently in above chart is falling wedge pattern , which is bullishly bias pattern but what does this means ? when we look at the wedge patterns which in this case is falling wedge or broadening channel , we see descending trend lines which are diverging each others , so we can see a something look like channel but the channel trend lines in the wedge patterns are diverging each others . But the important point about the wedge patterns is the story behind them , usually when we have a wedge patterns in the market , if you realize the pattern correctly in the most cased we have a divergence in the RSI , but what does this means for us ? Wedge patterns are type of the exhausting pattern and this means that during this patterns , bigger operator of the market are trying to change the trend but they want to accumulate or distribute during the pattern and we could realize it in the RSI value , because for example in this case we have a falling wedge pattern and as you can see in the chart above we have lower lows in the chart but in the RSI we have a higher lows ; you can see that as price start to drop , RSI start to rise during the pattern and this means that they are accumulating in the lower price but they do it slowly and want to exhaust people from the current situation of the market so they do it slowly and didn't push the price in one single move , because in that case they can't buy any more in this lower prices . ok guys I hope this tutorial be helpful for you , but I think now it's time to talk about the DYDX situation . As you can see in the chart , we have the exact same thing for DYDX , and in my opinion this is a very unique situation in the market because this pattern is formed in the higher time frame like daily or weekly . because of the type of this idea I can't talk more about the price targets because this is a tutorial idea and in this type of idea we have to educate people , not talk about the price targets or long and short trades , so make sure to follow me to see my next analysis about DYDX .
Education
by Kiu_Coin
5
What is Rising Wedge pattern and how to trade with that?The Rising Wedge (also known as the ascending wedge) pattern is a powerful consolidation price pattern formed when price is bound between two rising trend lines. It is considered a bearish chart formation which can indicate both reversal and continuation patterns – depending on location and trend bias. Regardless of where the rising wedge appears, traders should always maintain the guideline that this pattern is inherently bearish in nature (see image). HOW TO IDENTIFY A RISING WEDGE PATTERN ON CHARTS The rising wedge pattern is interpreted as both a bearish continuation and bearish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain a different set of observation dynamics which must be taken into consideration. Reversal Pattern: Established uptrend Rising wedge consolidation formation Linking higher highs and higher lows using a trend line assembling towards a narrowing point Look for break below support for short entry Continuation Pattern: Established downtrend Rising wedge consolidation formation Linking higher highs and higher lows using a trend line assembling towards a narrowing point Look for break below support for short entry How to trade with this: *Entry Point: Right after the candlestick breakout of the support. *Stop-Loss: At the highest resistance level of the Wedge pattern. *Take-Profit: From the entry point, the distance is equal to the maximum width ( H ) of the rising wedge pattern. This is the academic shape of this pattern, in the future we will publish Falling Wedge pattern 📚 . Please follow our page to be informed as soon as the materials are published. Thank you all for supporting our activity with Likes 👍 and Comments ❤️
Education
by NamchaTa
4
Running triangle and Leading DiagonalsTriangles are corrective patterns and diagonals are motive patterns. Upon completing a triangular pattern the trend resumes. Ending diagonal marks the end of a major wave or a trend and signals upcoming trend reversal or major correction. Leading diagonal marks the start of a major wave or a trend after a major correction or reversal to previous trend. After a leading diagonal, a short correction can be expected before the trend resumes in the direction of leading diagonal. In the previous post, the comparison is between running triangle and ending diagonals. This post compares running triangle and leading diagonals. Chart1: Running triangle and leaning diagonal in uptrend As mentioned the comparison is in an uptrend. Accordingly upward move is termed as directional move and move to the downside is termed as non-directional. A running triangle has non-directional momentum ie faster moves to the downside (wave A, C and E) than the upward moves (Waves B and D). These non-directional moves donot retrace the previous move completely. On the contrary, Leading diagonal has directional momentum ie faster moves to the upside (waves 1, 3 and 5) in the direction of trend and these upward moves completely retrace the previous non-directional corrective moves (wave 2 and 4). Chart2: Running triangle and leading diagonal in downtrend As mentioned the comparison is in a downtrend. Accordingly downward move is termed as directional move and move to the upside is termed as non-directional. A running triangle has non-directional momentum ie faster moves to the upside (wave A, C and E) than the downward moves (Waves B and D). These non-directional moves donot retrace the previous move completely. On the contrary, Leading diagonal has directional momentum ie faster moves to the downside (waves 1, 3 and 5) in the direction of trend and these downward moves completely retrace the previous non-directional corrective moves (wave 2 and 4).
Education
by Hari-Ram-Kumar
Longing GRT after Falling Wedge [tutorial] with exampleThis is a Tutorial how to use the falling Wedge pattern as longing condition because its relativ reliable. The falling Wedge is a reversal pattern which will form during an uptrend, so it will interrupt the prior trend. Which isnt that easy to identify if you dont have any experience.(Tip just use the Indicator from tradingview it will work great and do a lot of work for you ;) ) Another significant feature is the contraction over the elapsing time until mostly continuation of the previous trend, that will be the time we look for confirmation and long this position. At number 1 you can see the difference between the highest and the lowest point of the wedge which will be the target range of our taking profit after we broke the resistance. The bottum/supportline is the stop lose range. At number 2 you can see my position based on the numbers from number 1. number 3 and 4 is just repeated 1 and 2. if you spend a lot of time infront of your PC you can set the stop lose high so it will become another stop lose and you have garanted profit. Dont get cocky and set to wild leverages. This isnt a financally advise! i dont take responsibilities, so calculate your own risk and do your own research
Education
by devolping_trader
FHZN - The power of elliot waves | Volume 2The zurich airport is tough, but in the coming months this toughness will be tested once again! SIX:FHZN Our last analysis on this share was published on January 12, in which we warned about a potential sell-off. In this analysis we highlighted the importance of the wedge formation to our subscribers. In the last days the stock fell by more than -20% and we have now left this formation. Today zurich airport published its earnings and based on them we can evaluate the progress of the company. The airport was able to slightly reduce its net loss in the past year but disappointed investors with lower revenues than expected . Revenues were just under 680 million , which is about half of what they were before the Corona crisis. The management announced that a full recovery to the pre-crisis level of 2019 is not expected until the end of 2025. Investors will have to be patient with the company and as most assumed there won't be a dividend payout again this year. This however gives the management the opportunity to direct the money to where it's most needed. Overall, the airport is recovering in small steps from the shock of the Corona crisis. The upcoming years will bring further difficulties, but the management will concentrate on navigating the company back to profitability. Technical explanation of the elliot wave structure: As mentioned above, the share price has fallen by almost -20% since we last warned of a sell-off. We as Mendenmein Capital see this as another confirmation of our calculations. Nevertheless, we assume that the share has now expanded a first downward impulse in the white wave (1) and in the coming weeks a slight recovery must be expected in the white wave (2). This wave will lay the foundation for further sell-offs and the target for the next year is located at just 95 swiss francs. The white wave (3) should be able to reach this target without any problems. After a short recovery in the white wave (4), a final wave (5) will continue to correct towards our final target of 80 swiss francs. We assume that this downward impulse will occupy us in the coming months and years. In the long term however, we are extremely bullish and the formations of the last years point towards a very large wave I / wave II super cycle. This means that we have a multi-year bull market ahead of us after the completion of wave II, our subscribers are familiar with this term by now. The long-term price target for this stock is 450.- and we at Mendenmein Capital are extremely confident in our optimistic views. On our website investors can learn more about the zurich airport share and other stocks! www.mendenmein-capital.com Disclaimer: According to legal regulations, Mornau-Research is not a certified or legally recognized financial advisor and any transactions based on published content are at your own risk. Mornau-Research cannot be held liable for any losses whatsoever according to the legal regulations in it's country of residence. =============================================================================================================== If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact us.
SIX:FHZNEducation
by Mendenmein-Capital
Safe Haven Currency, How are they affected by global eventsHello everyone: Want to talk a bit more about safe haven currency in the market. Since the recent tension between Russia and Ukraine, the safe haven currency could strengthen as a result of such uncertainty in the world. We will take a look at some past history of these currency pairs, how they react to the market at the time, and what could we reasonably expect in the current market conditions. Safe Haven Currency USD JPY CHF It's in our interest to look for opportunities when a strong currency is paired with a weaker one. This generally will move the price very impulsively with strong momentum. Pair such as these below will potentially develop the best price action for good R:R trades. AUDUSD NZDUSD USDCAD GBPUSD AUDJPY NZDJPY CADJPY GBPJPY AUDCHF NZDCHF GBPCHF CADCHF Always have good risk management when it comes to entering. Don't enter all the pairs, don't open too many positions, and understand correlation between the currency pairs. Thank you DISCLAIMER: -My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information. Jojo
Education
by jojofang0901
31
A Guide about Falling & Rising Wedge PatternsHello every one 🟡WHAT IS A FALLING WEDGE PATTERN? The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend. 🌳HOW TO IDENTIFY A FALLING WEDGE PATTERN The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain different market conditions which must be taken into consideration. The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend. (Example) 🔵WHAT IS A RISING WEDGE PATTERN? The rising wedge (also known as the ascending wedge) pattern is a powerful consolidation price pattern formed when price is bound between two rising trend lines. It is considered a bearish chart formation which can indicate both reversal and continuation patterns – depending on location and trend bias. Regardless of where the rising wedge appears, traders should always maintain the guideline that this pattern is inherently bearish in nature 🌳HOW TO IDENTIFY A RISING WEDGE PATTERN The rising wedge pattern is interpreted as both a bearish continuation and bearish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain a different set of observation dynamics which must be taken into consideration. (Example)
Education
by CobraVanguard
18
FHZN - The power of elliot waves Dear subscribers, lets come together for an educational article featuring the zurich airport. SIX:FHZN We have published some articles about the Zurich Airport in the past and suspected back then a more bullish structure than this one which we are publishing now. The Zurich Airport company operates and manages the eponymous Zurich Airport in Switzerland, which is the international transportation hub for the entire country. The company has an excellent management and the government of Zurich itself holds almost 38.38% of all shares. Therefore, Zurich Airport can always rely on government support and enjoys a good reputation. In addition, the company is increasingly expanding into emerging markets and now owns Hercilio Luz Airport (FLN) in Florianopolis Brazil. For the future, it is therefore clear that the company is increasingly driving its presence abroad and expanding its business model. However, the zurich airport stock provides an excellent example to introduce traders who are not familiar with the Elliot Wave method of analysis. The stock has originally been around since 2000, but on Tradingview we only have access to the market data since the beginning of 2010, but this makes little difference to the current movement, as a huge 1-2 wave setup was also formed during the period 2000-2010. Technical explanation of the Elliot wave structure: The stock has experienced a huge price increase since 2012, which was supported based on a huge 1-2 (Orange) wave setup. From this structure, a large wave 3 was established, which additonally established a complete impulse of its own (dark green). After completing a short correction in wave 4, the stock first formed an impulse (light green) and ended the year-long bull market with a final impulse (turquoise) Since then, we have seen a very hard downward impulse, which reached its absolute peak in early 2020 due to the Corona crisis. Since the last low at just under $83, the stock has been rising again in what we categorized as a wave B (yellow). Now, a wedge has formed over the last two years, which strengthens our assumption of a corrective B wave. Finally, a breakout can be expected within the year 2022 and the stocj will correct with high probability back to 80$. Disclaimer: According to legal regulations, Mornau-Research is not a certified or legally recognized financial advisor and any transactions based on published content are at your own risk. Mornau-Research cannot be held liable for any losses whatsoever according to the legal regulations in it's country of residence. =============================================================================================================== If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact us.
SIX:FHZNEducation
by Mendenmein-Capital
How an "Ending Diagonal" really forms and what it meansI've written most of the tutorial on the chart. Some will just call this a different form of a triangle. But I find this to be my favourite pattern of all and when they are clear, there is no doubt on the reversal They happen most often at the top of wave 3, because they form as a battle between Bulls and Bears. (or vise versa). I remember when I spotted my first one about 14 years ago and the incredible powerful turn that ensued. I thought it was magical.
OANDA:SPX500USDEducation
by peterdcharlebois
How to trade Rising Wedge patternWhat is a rising wedge? A rising wedge is a technical pattern, suggesting a reversal in the trend . This pattern shows up in charts when the price moves upward with higher highs and lower lows converging toward a single point known as the apex. There are 4 ways to trade wedges like shown on the chart (1) Your entry point when the price breaks the lower bound of the wedge, place your stop loss above the last peak, your target range is the distance between the upper and lower bound of the wedge at the start point. (2) Your entry point when the price breaks the neckline of the double top pattern inside the wedge pattern, place your stop loss above the double top, place your target as same as shape (1) (3) Your entry point when the price retest the lower bound of the wedge, place your stop loss above the last peak inside the wedge pattern, place your target as same as shape (1) (4) a false breakout may occur in the rising wedge pattern, wait the price to go inside the pattern again and your entry point should be after breaking the last trough and your stop loss should be placed above the last peak that has been formed within the wedge, your target should be placed as same as shape (1). We wish you the best of luck!
Education
by ChartDepth
PRICE ACTION TRADING | Bearish Flag Pattern 🔰 Hey traders, Bearish flag pattern is a classic trend-following pattern. Being relatively simple to recognize, it is applied in various trading strategies. ⭐️ The pattern itself signifies the correctional movement after a strong bearish wave in a bearish trend. After setting a new structure low, the asset starts growing in value and the price action legs start forming a rising parallel channel. What is particular about this growth is the fact that the price grows within the range of the preceding bearish impulse. 🔔 The trigger that we are looking for to sell the market is a bearish breakout of the support of the flag pattern (we need at least a candle close below). To not be caught by a false breakout, it is highly recommendable to wait for a bearish violation of the last higher low level as well. Only then the flag breakout is confirmed. The breakout signifies the end of a correctional movement. Then the price will most likely return to a bearish trend. ⚡️Trading the market aggressively, one opens a short position on spot just after the breakout candle closes. ⚡️The conservative trader will wait for a retest of the broken support of the flag for a safer entry. ✔️Safest stop will lie strictly above the highest wick (the last higher high) within the flag. ✔️Initial target will be based on the closest key structure support. Learn to recognize this pattern and be disciplined to wait for its confirmed breakout. Only then a high trading performance will be achieved. What pattern do you want to learn in the next post?🤔 ❤️Please, support this idea with like and comment!❤️
COINBASE:BTCUSDEducation
by VasilyTrader
19