FET after breaking through the accumulation channel and pump by + 50%, the price was driven back into the old accumulation channel. Now the price is almost at the bottom of the previous horizontal channel. The downtrend has formed a downward wedge at the local level.
Former trading ideas on this coin which worked with sniper accuracy in goals and in time. Profit + 53%. FET channel in 52% increments Price at the upper border of the channel Entry points. November 17, 2019
ENTRANCE and TARGET 1) On a breakthrough or rollback after a breakthrough of the resistance of the downward wedge. (after the breakthrough, lateral movement may begin). Wedge target + local channel width. 2) Entrance at the bottom of the existing channel with confirmation of support. The goal is the width of the channel + if the price succeeds in breaking through the resistance of the channel, the goal is the width of the next channel. 3) On a breakthrough or pullback after a breakthrough of the channel resistance (above the violet zone). The goal is the width of the new channel +.
Stop loss Under key support levels during your entry into the market.
交易進行
1 target taken. + 16% There is a wedge breakdown. All goals are on the chart.
交易結束:目標達成
Target taken + 33% (to channel resistance, purple region)
註釋
Further work on the coin. Support for horizontal channel is broken. Price fixed under it. A large downward wedge forms. Entrance on a breakthrough or pullback after a breakthrough of the resistance line of the downward wedge