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BNB Rising Wedge

已更新

Refer to charts for entry and targets.

Double Ichimoku Clouds still Bullish overall.

Entry supported by Lower side of wedge and Double Settings Kumo.

交易進行

Entry level hit and approaching the first target. Need a close above with high volume to confirm breakout

註釋

Going well. About 20 min to the four hour close. Have broken through the four hour cloud with super strong volume while BTCUSD pair is also going up which means this breakout is super strong. Still waiting on the close above 4 hour cloud, 100 MA and the top of the wedge. It does seem that this is extremely probable, but nothing is ever guaranteed.

註釋

Will move stop loss up if close above top of wedge. The next key resistance is the Kijun (single settings)(pink line on my chart)

註釋

Price bounced back down from the Kijun and I added to my position at the top level of the wedge for the retest. looking good so far.