PENDLE D TC Broadening wedges everywhere! Weekly HL set

2024년 6월 19일

Broadening wedges everywhere across the crypto sector. . on 4h Timeframes on the 5 m timeframe etc. . Its a very common way the markets aggregate after huge volatility.
seeking out stops, buy and sellside liquidity and maybe acceptance on either side of the horizontal levels.
see how to trade these in my threads..

BW are almost as common as EQ´s- symetrical triangles .
The longer they go on for eventually they will break in one direction.

See PENDLE here testing BW upper trendline atm.

2024년 6월 19일

노트

PENDLE the strongest chart I could find. missed 5 OS for H HL but that gave a 5 percent bounce. on 15m BB watch. technically D TC and W HL is set. but loads of BW so basic TA changes with BW !