CNVRG Price Action/Chart Pattern Trade
This is pretty straightforward trade.
Entry on a bullish reversal pattern and exit on a bearish reversal pattern.
The entry pattern is Double Bottom.
Entry point is above the neckline. When price broke the neckline, that is where you enter. Put a stoploss or cutloss point below the second bottom after entry.
The exit pattern is Rising Wedge.
Exit when the lower line or the support line of the pattern was broken.
Over 83 percent gain. Bonus avoidance of a massive downtrend as well.
Entry on a bullish reversal pattern and exit on a bearish reversal pattern.
The entry pattern is Double Bottom.
Entry point is above the neckline. When price broke the neckline, that is where you enter. Put a stoploss or cutloss point below the second bottom after entry.
The exit pattern is Rising Wedge.
Exit when the lower line or the support line of the pattern was broken.
Over 83 percent gain. Bonus avoidance of a massive downtrend as well.
Traders Den PH
blogs.tradersdenph.com
blogs.tradersdenph.com
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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.
Traders Den PH
blogs.tradersdenph.com
blogs.tradersdenph.com
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.