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Hello My Traders, this is a real-life example on a classical ascending broadening wedge in the BTCUSD.
I highly recommend to you my educational information I uploaded about broadening wedges to have a good conclusion about this one:
There I gave an insight into how to trade broadening wedges properly, this one is a good type of those I explained.
Now we can see that it is still consolidating but I expect a break-out in the next time.
This formation can be traded aggressively with immediate entry and moderate with entry after confirmation.
Both cases are in this condition good to trade for a profit with proper risk management!
Although the aggressive approach is possible here because risk is low.
____________________________________________________________________________________________________________________________________________
In this manner: “Everything must be made as simple as possible. But not simpler.”
Thanks, For Watching! Check Also My Long-Term-View On BTCUSD And Other Significant Pairs!
Information provided is only educational and should not used to be for market purposes.
____________________________________________________________________________________________________________________________________________
Hello My Traders, this is a real-life example on a classical ascending broadening wedge in the BTCUSD.
I highly recommend to you my educational information I uploaded about broadening wedges to have a good conclusion about this one:
There I gave an insight into how to trade broadening wedges properly, this one is a good type of those I explained.
Now we can see that it is still consolidating but I expect a break-out in the next time.
This formation can be traded aggressively with immediate entry and moderate with entry after confirmation.
Both cases are in this condition good to trade for a profit with proper risk management!
Although the aggressive approach is possible here because risk is low.
____________________________________________________________________________________________________________________________________________
In this manner: “Everything must be made as simple as possible. But not simpler.”
Thanks, For Watching! Check Also My Long-Term-View On BTCUSD And Other Significant Pairs!
Information provided is only educational and should not used to be for market purposes.
____________________________________________________________________________________________________________________________________________
Transaction en cours
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Join Premium Channels: bit.ly/4bUD8N8
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Join Premium Channels: bit.ly/4bUD8N8
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.