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ManishArora
Jun 25, 2018 8:43 PM

Risig Wedge on Hourly 

Bitcoin / DollarBitfinex

Description

If the wedge is broken, good entry point for long would be 6010-6030, i believe it will hold and give a good scalp opeetunity

SL is 5980, then i will be looking for short opportunities as this will go to 5500.

6400-6450 is good resistance breaking that will mean that we would be validating the falling wedge scenerio on daily (chart posted earlier) and i will be bullish

My trades are set as :
Short 6380-6410 (Sl 6460)
long 6010 (Sl 5940)


Comments
ManishArora
Broken and went to 5997, i took long at 6010(As mentioned) and shaved some at 6150
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