Although an ascending triangle usually signals a breakout to the upside, this is my hedge on my crypto bullish trades
1. Short: upon candle confirmation underneath the white ascending trend line within the short zone
2. Take 50% Profit at Target 1
3. Take 50% Profit at Target 2
1. Long: Add to my ETH long position upon candle confirmation...
BULLISH ASCENDING TRIANGLE
This triangle usually signals a bullish trade, however the opposite seems to be occurring, let's see how this plays out.
MY TRADE - Short:
a. Await 30m candle to close beneath the support line
b. Enter trade within the closing 3 minutes of the candle SHORT:3919
Stop Loss at Open of previous candle PL:3924
c. Allow new...