Short
FTMUSDT
Hello my dear friends
I hope we will have a profitable week together (:
Considering the specified ranges and the ascending wedge pattern at the end of the upward trend and the negative divergence of RSI, it seems that the possibility of correction to the blue range of $0.2657 is not out of mind.
Please keep in mind that if you want to trade with this analysis, you must place the loss limit above the blue range, for us the priority is the range, not the technical pattern.
We would be happy to hear your comments
I hope we will have a profitable week together (:
Considering the specified ranges and the ascending wedge pattern at the end of the upward trend and the negative divergence of RSI, it seems that the possibility of correction to the blue range of $0.2657 is not out of mind.
Please keep in mind that if you want to trade with this analysis, you must place the loss limit above the blue range, for us the priority is the range, not the technical pattern.
We would be happy to hear your comments
Trade active
Trade active
It is true that most of the orders of the blue range have been consumed! But our loss limit has not been activated yet.
Our mindset is still on price correction because important limits have been lost in the correction process!!!
With the breaking of the upward trend line, this mentality will be strengthened and it seems that the yellow range ($0.3871) is an important range.
What do you think!?!?!
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.