BITTREX:XVGUSD   Verge / Dollar (calculated by TradingView)
XVGUSD            
I was long a few days ago and I closed out the trade with a very small profit.
I closed because the lower line of the wedge was support then became resistance .
Now once again it has become support as we approach the apex of the wedge .
Now is a good time to get long with stop at 0.15 below the previous spike low.
Alternative trade is as per the diagram above:
Wait for price to establish itself along the new lower wedge floor. This is parallel to the previous one.
Then enter long with a stop below the previous spike low.
This may follow AB=CD pattern. D is the estimated take profit price and time.
To see another example of this look at my currently open ETHUSD             trade. You can see how precise this has been
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You only had 45 minutes to get into the position yesterday. If you did not get in you may get a second chance in the next 2 hours. Stop management per the chart,
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The D point is the target in price and time. but I am looking for a spike low at C to get long

Updated parallelogram.
I noticed that many charts have a potential for large moves around January 9, midnight New York time.
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I loved your ETH long graph. Great stuff!

Whats the target for this one?
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