Optimistic Falling Wedge

2 Des 2023

If PA can hold above the POC( Red dashed line), its possible we could see a break of the VAH/Upper trend line. If said PA is to take place, I'd be looking for a pull back too the trend/VAH with a solid positive reaction (ex. swing failure or failed auction) for a long position. Entry is dependent on the reaction and information present at the time of the reaction, if it appears to be weak, no trade.

3 Des 2023

Catatan

PA reacted nicely at the POC, and as mentioned prior, gave us a break past the VAH and upper trend line. Would now like to see test of the trend /VAH .

3 Des 2023

Catatan

It may be worthy to note that with BTCs current volatility, and if she keeps ripping upwards, PA may not see the pull back I'd like to see

4 Des 2023

Catatan

And there you have it, pull back is in !