ADABTC - Short term trade possibility - Wedge breakout
Friends,
Its been a while since I have made a trading post. I was very busy in typing up the lessons, but lets get to some basics now.
We are looking at a 1H chart of ADABTC. I see a falling wedge here, as you can see on the chart. If we break out upwards from this falling wedge, we have a buy signal there.
So, lets watch this chart, and wait for a breakout in the bullish direction. Its as simple as that. I will not go into much details right now.
I have marked some potential short-term targets on the chart, which can be used for exit or moving the stop losses.
NOTE: If we break the wedge downwards, and the 1H candle closes below the wedge support line, this trade will become invalid.
Its been a while since I have made a trading post. I was very busy in typing up the lessons, but lets get to some basics now.
We are looking at a 1H chart of ADABTC. I see a falling wedge here, as you can see on the chart. If we break out upwards from this falling wedge, we have a buy signal there.
So, lets watch this chart, and wait for a breakout in the bullish direction. Its as simple as that. I will not go into much details right now.
I have marked some potential short-term targets on the chart, which can be used for exit or moving the stop losses.
NOTE: If we break the wedge downwards, and the 1H candle closes below the wedge support line, this trade will become invalid.
DISCORD (Let's learn together):
discord.gg/t2RmTx7qCa
Note: This is a brand new community, so ignore the silence in there while we grow :)
discord.gg/t2RmTx7qCa
Note: This is a brand new community, so ignore the silence in there while we grow :)
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