the trend is not clear

١٦ يوليو ٢٠١٩

yesterday when 4H candle closed under the support line (the purple) => the uptrend can't continue,
and it retest the support line again, and broke the falling wedge (orange).
=> we can't confirm that btc stared new uptrend because of breaking the falling wedge
I wondering it just fake out the falling wedge.
maybe it can drop back to the falling wedge to 9790(the lower green line) from here or can rise a bit to hit the resistance box(the EMA100) then
drop from here
=> the uptrend is just confirmed if the candle is closed higher than the resistance box,
and our target will be the green upper line.

Leave me a comment what you think

٢٠ يوليو ٢٠١٩

تم إغلاق الصفقة يدويًا

everybody can see the result, after the fake out signal, btc dropped in big dump