Long

Possible Flat Kumo Fractal

Updated

Possible fractal formation with a target gain of 20% over 5 days
Boxes show where price moved and could now move again to a flat topped Kumo which has a tendancy to act as a magnet for price. The first wave of the fractal is almost a perfect match.

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6 hour chart shows similar fractal being rejected at the Kumo
Also just about time for a break up or a invalidating move.

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12 hr falling wedge decision time.

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Tracking quite closely to the bar pattern, if this current 4hr candle closes in the cloud I expect my target to be reached. Entered at 93k sats, took off 25% at a little above100k sats.

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still on track to go edge to edge, just taking longer than the previous move of a similar nature. still long for 75% of initial investment.

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And I got stopped out above entry for my inititial stake.
Forgot to update the stop for the other entries and got liquidated... ;)

gummybadger

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