Panjang
SWT
Flag/Pennant correction pattern
Flags fly at half mast- this pattern typically happens half way up a large price move
Movement needs to take a breath.
Watch for last point on Elliot wave correction- Even better (more BULLish) if it violates the lower boundary and returns to pattern.
Risky entry- buy on reversal candle at point 5
Conservative entry- set trigger above pattern
BTRX order book looks stacked against the movement and based off this only- would expect it to break south with BEARS
We will see- use a trigger
Flags fly at half mast- this pattern typically happens half way up a large price move
Movement needs to take a breath.
Watch for last point on Elliot wave correction- Even better (more BULLish) if it violates the lower boundary and returns to pattern.
Risky entry- buy on reversal candle at point 5
Conservative entry- set trigger above pattern
BTRX order book looks stacked against the movement and based off this only- would expect it to break south with BEARS
We will see- use a trigger
Nota
looks like a clear violation of pattern line- - broken by 1-3%
- candle closed outside pattern (not just wick)
if multiple candle closes outside pattern will confirm
look out below
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.