If you see the lines pushing, it means somethings cooking...
When scoping the markets, look out for non-parallel trend lines (wedges) as they produce some great trading opportunities!
They cause the price range to decrease, meaning the price will be bouncing up and down in small areas and will continue getting smaller.
This builds up pressure as the order flow increases, causing explosive moves.
If the trend lines are travelling upwards, look to place sell orders like in the image above, also always wait for the retest after the breakout. If you’re scared of missing the move, utilise a stop order.
We will make a post about stop orders in the next few days!
@CryptoTrades #education #pressureeffect #squeeze #knowledge #crypto #signals #cryptotradespremium
When scoping the markets, look out for non-parallel trend lines (wedges) as they produce some great trading opportunities!
They cause the price range to decrease, meaning the price will be bouncing up and down in small areas and will continue getting smaller.
This builds up pressure as the order flow increases, causing explosive moves.
If the trend lines are travelling upwards, look to place sell orders like in the image above, also always wait for the retest after the breakout. If you’re scared of missing the move, utilise a stop order.
We will make a post about stop orders in the next few days!
@CryptoTrades #education #pressureeffect #squeeze #knowledge #crypto #signals #cryptotradespremium
If you see the lines pushing, it means somethings cooking...
When scoping the markets, look out for non-parallel trend lines (wedges) as they produce some great trading opportunities!
They cause the price range to decrease, meaning the price will be bouncing up and down in small areas and will continue getting smaller.
This builds up pressure as the order flow increases, causing explosive moves.
If the trend lines are travelling upwards, look to place sell orders like in the image above, also always wait for the retest after the breakout. If you’re scared of missing the move, utilise a stop order.
We will make a post about stop orders in the next few days!
@CryptoTrades #education #pressureeffect #squeeze #knowledge #crypto #signals #cryptotradespremium
When scoping the markets, look out for non-parallel trend lines (wedges) as they produce some great trading opportunities!
They cause the price range to decrease, meaning the price will be bouncing up and down in small areas and will continue getting smaller.
This builds up pressure as the order flow increases, causing explosive moves.
If the trend lines are travelling upwards, look to place sell orders like in the image above, also always wait for the retest after the breakout. If you’re scared of missing the move, utilise a stop order.
We will make a post about stop orders in the next few days!
@CryptoTrades #education #pressureeffect #squeeze #knowledge #crypto #signals #cryptotradespremium