BTC - FALLING WEDGE : BREAK-OUT - BUY
POTENTIAL TRADE: BTC/USDT
I am looking to enter long on this currency pair for the following reasons:
- Falling wedge chart pattern is very evident.
- Re-test of the broken wedge trend line
- Overall market structure is bullish in the higher time-frames.
- Recent range has been broken to the upside. Weak selling pressure.
If you found this idea useful, leave a like and follow me for more analysis and trading signals.
If you have any questions, feel free to ask in the comment question. I respond to all comments!
You must always use correct risk management when following any analysis.
Happy Trading!
I am looking to enter long on this currency pair for the following reasons:
- Falling wedge chart pattern is very evident.
- Re-test of the broken wedge trend line
- Overall market structure is bullish in the higher time-frames.
- Recent range has been broken to the upside. Weak selling pressure.
If you found this idea useful, leave a like and follow me for more analysis and trading signals.
If you have any questions, feel free to ask in the comment question. I respond to all comments!
You must always use correct risk management when following any analysis.
Happy Trading!
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