CAKE - Easy 300% Move Pending... 🔥
CAKE is one of the cleanest and easiest charts to read. We have a simple ABC correction and we completed the C wave recently.
We are now in bullish territory and looking for any opportunities to go long. We have a nice correction forming now and all we need to do is wait for a breakout and enter.
Trade Idea:
- Watch for breakout of the descending trendline
- enter with stops below the structure
- Targets: 17, 26, long term target 40
It is possible we may come back to test the structure to create a double bottom before moving so just be wary of that.
Goodluck!
We are now in bullish territory and looking for any opportunities to go long. We have a nice correction forming now and all we need to do is wait for a breakout and enter.
Trade Idea:
- Watch for breakout of the descending trendline
- enter with stops below the structure
- Targets: 17, 26, long term target 40
It is possible we may come back to test the structure to create a double bottom before moving so just be wary of that.
Goodluck!
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.