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Pretty Pennant on ETHBTC. I'm swinging for the fences!

已更新
So in my last idea, I rode the ETHBTC uptrend channel over the weekend. When resistance tested twice after the breakout, I thought we might be going higher.

Now we see a beautifully formed bullish pennant.

Most recent resistance level was back in July at 0.113670.

I'm going long and swinging for the fences on this one using MACD divergence as confirmation of the upward continuation.

Anyone wanna come along for the ride?

交易進行
So my pretty little pennant formed a full bull flag and broken out. It may not be a full breakout yet so wait for confirmation.

Entry: ).10790
TP: 0.113670
SL: 0.10567

Risk/Reward: 2.72

Good Luck
註釋
快照
交易進行
We have confirmation of the uptrend continuation. Hope you got your entry in.
註釋
快照
交易結束:目標達成
Finally hit the target last night. Took a few days to pan out but hope you got in and made some satoshis!

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Bullish PatternsCryptocurrencyPennantSupport and ResistanceTrend Analysis

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