Fxprotrader

BitcoinGold: Breakout Above Wedge Ends Downtrend

Pembelian
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BINANCE:BTGBTC   None
Price has broken above the wedge it was moving into and is now developing a bullish flag which most likely will push the price to higher levels. A bullish divergence shows that the downtrend is losing its steam something that adds to our bullish context. Watch for a breakout above the correction (flag) and aim for 0.0019 and 0.0025 (structure levels). Stop-loss should be placed below 0.0013.

All the best,
John
Komentar:
Setup worked great. Both tp levels reached
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