Hello everyone, if you like the idea, you can support with a like and a follow.
We are on a Ascending Channel, on the bottom of it to be precise. So that is giving us two options:
First we can buy here and have as a long target the 0.618 fib with a stop loss slightly above the last low.
Second we can wait for a breakout of the channel and have a short target the 2780$ level (Target of the Pattern)
Indicators:
CIDI: HH
SRSI: Double Bottom
Don't forget to protect yourself with proper Risk Management.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
We are on a Ascending Channel, on the bottom of it to be precise. So that is giving us two options:
First we can buy here and have as a long target the 0.618 fib with a stop loss slightly above the last low.
Second we can wait for a breakout of the channel and have a short target the 2780$ level (Target of the Pattern)
Indicators:
CIDI: HH
SRSI: Double Bottom
Don't forget to protect yourself with proper Risk Management.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
Trade closed: target reached:
0.618 touched