OGUSDT-Pennant Pattern
A flagpole
A Pennant pattern always begins with a flagpole, which differentiates it from other types of patterns (such as the symmetrical triangle).
The flagpole is the initial strong move preceding the symmetrical triangle.
Price Target with Resistant is mapped on chart around 14$+ if BTC remain in same zone this weekend.
Preferred Entry around 9.50-9.80 with DCA
Partially close and move SL to BE when price cross 10.450$
A Pennant pattern always begins with a flagpole, which differentiates it from other types of patterns (such as the symmetrical triangle).
The flagpole is the initial strong move preceding the symmetrical triangle.
Price Target with Resistant is mapped on chart around 14$+ if BTC remain in same zone this weekend.
Preferred Entry around 9.50-9.80 with DCA
Partially close and move SL to BE when price cross 10.450$
Trade active
Entry-1Trade closed: target reached
Target reached for 8%-10% only due to weak market.Note
TA win against Market scenario. Out performed BTC/ETH and almost near to target.Trade closed: target reached
100% done today
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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.