BTCUSD - Here We Have A Classical Broadening Wedge
1950
____________________________________________________________________________________________________________________________________________ Hello My Traders, this is a real-life example on a classical ascending broadening wedge in the BTCUSD. I highly recommend to you my educational information I uploaded about broadening wedges to have a good conclusion about this one:
There I gave an insight into how to trade broadening wedges properly, this one is a good type of those I explained. Now we can see that it is still consolidating but I expect a break-out in the next time.
This formation can be traded aggressively with immediate entry and moderate with entry after confirmation. Both cases are in this condition good to trade for a profit with proper risk management! Although the aggressive approach is possible here because risk is low. ____________________________________________________________________________________________________________________________________________ In this manner: “Everything must be made as simple as possible. But not simpler.”
Thanks, For Watching! Check Also My Long-Term-View On BTCUSD And Other Significant Pairs!
Information provided is only educational and should not used to be for market purposes. ____________________________________________________________________________________________________________________________________________