YFII/BTC Falling Wedge pattern

2020年9月17日

On 4h timeframe we see a very clear falling wedge pattern on the chart.
Also nice confluence with 4h demand zone. Price should bounce from here.
If falling wedge pattern seems legit (we break the pattern to the upside) we shall make a new higher high.

2020年9月18日

交易進行

Possible bottom should be in. But... a close underneath 0.786 fibonacci means exit trade.