YFIUSD Falling Wedge
We have recently broken a YFI falling wedge and I will be taking an entry here at ~13719.
TP: Pattern shows ~21750 movement based on pattern size * 0.62 (62% chance of reaching target) and we get 13,483$ from breakpoint as target, or ~26905$
SL: Bottom of Local/swing low ~11960
Pattern info: thepatternsite.com/fallwedge.html
TP: Pattern shows ~21750 movement based on pattern size * 0.62 (62% chance of reaching target) and we get 13,483$ from breakpoint as target, or ~26905$
SL: Bottom of Local/swing low ~11960
Pattern info: thepatternsite.com/fallwedge.html
Note
Still holding support well ,I will be holding this position.Trade closed: stop reached
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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.