Follow description on charts....exact same setup as previous move down which was also a break of the wedge....anytime there is a wedge you can profit from it but not in the way
most people try too...see my other chart from 2 days ago, study it and understand this is metadata and how it works, trade against retailers and you will be trading with the pros !
Ask...
Just would like to share a simple trade entry idea for BTC and any other markets which have the same type of technical patterns.
Quite simply shorting off of a confirmed RSI trend line when trend is broken. Price, SUP/RES areas have to also be considered of course.
Your looking for multiple hits (respect) of the trend to confirm it's strong, at least 3.
Longs can...
