Hi traders! I've said this previously on my signal group and also on other various discords, but keep on tracking the potentially valid rising wedge seen on the 4 hourly ETH/USD, has not broken out but is near the apex, Cipher B criterias are all met on the longer TF such as the money flow in the green and momentum coiling down for a move to the downside. Majority of the long term TF say the same story - so keep tracking it and see where this goes :)). If it does break down out of this wedge, I expect a 4 hourly candle close below the wedge to confirm that it has broken formation.
註釋
Rising wedge brokeout to the downside, closed 4 hourly candle below the formation. May possibly go for a retest of the bottom rising wedge trendline. Signal group have turned their short trades risk free and realised partial profits at the support level.註釋
Has gone for a retest of the rising wedge bottom trendline :))註釋
Rising wedge has hit price target, hitting support :)) you can close off the remainder of the trade now in major profits.免責聲明
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免責聲明
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