Bitcoin - Rising Wedge

Apr 9, 2020

Trade 1:
Side: Long
Entry: 7310.0
Stop Loss: 7229.0
Target: 7644.0
RR(BTC): 3.32
RR(USD): 4.12

Trade 2:
Side: Short
Entry: 7644.0
Stop Loss: 8201.0
Target: 6404.0
RR(BTC): 2.77
RR(USD): 2.23

Apr 9, 2020

Trade active

Trade 1 Open

Apr 9, 2020

Trade closed: stop reached

Trade 1 Closed at Stop Loss

Apr 9, 2020

Trade active

IHS not supported by volume, but with right shoulder forming at intersection of upper thirds of fib speed fans, and indicating the same target indicated by other analysis.

Trade 3 Open
Side: Long
Entry: 7300.0
Stop Loss: 7279.0
Target: 7644.0
RR(BTC): 9.89
RR(USD): 16.38

Apr 9, 2020

Note

Trade 4 Order Placed:

Side: Short
Entry: 7889.0
Stop Loss: 8001.0
Target: 6461.0
RR(BTC): 14.19
RR(USD): 12.75

Apr 10, 2020

Trade active

Trade 5 Open:
Side: Long
Entry: 7273.0
Stop Loss: 7239.0
Target: 7644.0
RR(BTC): 7.69
RR(USD): 10.91