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MannyJMoreno
29. Jan. 2018 06:56

Pretty Pennant on ETHBTC. I'm swinging for the fences! Long

Beschreibung

So in my last idea, I rode the ETHBTC uptrend channel over the weekend. When resistance tested twice after the breakout, I thought we might be going higher.

Now we see a beautifully formed bullish pennant.

Most recent resistance level was back in July at 0.113670.

I'm going long and swinging for the fences on this one using MACD divergence as confirmation of the upward continuation.

Anyone wanna come along for the ride?

Trade ist aktiv

So my pretty little pennant formed a full bull flag and broken out. It may not be a full breakout yet so wait for confirmation.

Entry: ).10790
TP: 0.113670
SL: 0.10567

Risk/Reward: 2.72

Good Luck

Kommentar

Trade ist aktiv

We have confirmation of the uptrend continuation. Hope you got your entry in.

Kommentar

Trade geschlossen: Ziel wurde erreicht

Finally hit the target last night. Took a few days to pan out but hope you got in and made some satoshis!

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