bullish pennant pattern always work for like 70% of the time most of the traders exhaust their trade in those period of moment when it is falling and sudden built up it long form big candles coming weeks will show this.
we can long from the bottom trend line and you should close your trade when price reaches near to the upper trend line. the middle line of the channel is also a good entry.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (55962.75). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (58343.20). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: .BTCUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (48280.40). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: .BTCUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (30756.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Bitcoin/Tether is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a...
Second Chance Trade Setup summary: Profit targets=26% = {TP2 = 1.5% + TP3 = 4.5% + TP4 = 7.5% + TP5 = 12.5%} Stop Loss =6% Reward/Risk > 4.3:1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (32460) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." ...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (29940). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Bitcoin/Tether is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (20100). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (18513). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (19074). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Second Chance Trade Setup summary: Profit targets=22% = {TP3= 3% + TP4= 7% + TP5= 12%} Stop Loss = 7% Reward/Risk > 3.1 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (11111) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits:...