MFT falling wedge pattern

2018년 7월 27일

I like the look of MFTBTC right now.

We can see a falling wedge pattern forming with RSI divergence. Picking the exact bottom can be tricky, but we can see that price has already broken out. The only concern at the moment is volume has not increased.

For this pattern, I usually target the 38.2% Fib of the overall move down and place stops below the low. This is almost a 4:1 trade.

Please give this trade idea a THUMBS UP and I will keep you updated!

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

2018년 7월 28일

액티브 트레이드

Stop loss below the swing low

2018년 7월 28일

액티브 트레이드

Bitcoin might go on a tear soon, so manage trade accordingly.

2018년 7월 29일

액티브 트레이드

Bullflag appearing. Tempted to add more to position on the break of flag pole.

2018년 7월 30일

주문취소됨

Bull flag failed to eventuate and out for BE. No harm done.