Price consolidating a second time after the first 2 initial pump, forming a Falling Wedge Pattern, expect another $0.73 leg up.
Entry:
1. Aggressive: Right at bottom of Wedge Pattern
2. Conservative: Wait for breakout confirmation above Wedge Pattern
Stop Loss:
Right below the wedge, depends on personal preferences.
Exit:
Trailing Stop or Take Profit at above Fib Extension Levels
Good luck,
-Kane
Entry:
1. Aggressive: Right at bottom of Wedge Pattern
2. Conservative: Wait for breakout confirmation above Wedge Pattern
Stop Loss:
Right below the wedge, depends on personal preferences.
Exit:
Trailing Stop or Take Profit at above Fib Extension Levels
Good luck,
-Kane
Trade closed manually:
RSI showing bull run losing steam earlier than expected, sold half and set a trailing stop loss = 2x 15 minutes ADX.