[BTC] 4H Rising Wedge
Past few weeks we have Rising Wedge on daily time frame which results in bear break.
I was expecting a bear break because of Weekly down trend.
Now we have another rising wedge on 4H time frame, and I expect bear break again, because of daily down trend.
But, the stock looks like to have more bounce to go (see AAPL already had 4H higher high).
So with these info in mind, I won't *guess* the result of this rising wedge, I watch for confirmation of the break, then I make entry with clear stop-lose level.
I was expecting a bear break because of Weekly down trend.
Now we have another rising wedge on 4H time frame, and I expect bear break again, because of daily down trend.
But, the stock looks like to have more bounce to go (see AAPL already had 4H higher high).
So with these info in mind, I won't *guess* the result of this rising wedge, I watch for confirmation of the break, then I make entry with clear stop-lose level.
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