Hello Everyone!
Im always looking for money moves in the markets, and am hoping to capture a nice little 2-3% gain on BTCUSD. Price is currently bouncing around inside this wedge pattern. I am keeping an eye on it to see how it reacts to the support level of the wedge.
If we get a bullish momentum candle off the bounce I will look for a long entry once the candle closes and verifies momentum shift. This would be a quick in and out trade as I would shoot to take profit at the top of the wedge, again hoping to catch a nice 2-3% gain.
Thoughts?
Happy Trading!
Im always looking for money moves in the markets, and am hoping to capture a nice little 2-3% gain on BTCUSD. Price is currently bouncing around inside this wedge pattern. I am keeping an eye on it to see how it reacts to the support level of the wedge.
If we get a bullish momentum candle off the bounce I will look for a long entry once the candle closes and verifies momentum shift. This would be a quick in and out trade as I would shoot to take profit at the top of the wedge, again hoping to catch a nice 2-3% gain.
Thoughts?
Happy Trading!