Swing Failure Pattern

19 Ara 2021

The failure swing pattern is a type of reversal pattern that can be used as buy or sell signals. In an uptrend, we see a series of successive higher highs and higher lows but there comes a point when the price fails to make a new high. Waiting to see what the D candle looks like after closing today, I expect a spike and reverse after. To be succesful, the candle needs to close beneed the previous highest high, if not we will ssee a continuation of the trend.
As ever watch out what BTC is doing! Best is to look and find a non-correlated coin as Luna!

Sell limit order at 79, Sl +5% at 82.8

Let's find out!

19 Ara 2021

İşlem aktif

Sell limit hit at 78.65

19 Ara 2021

İşlem aktif

Candle needs to close under 78.50, 45min to go

20 Ara 2021

İşlem aktif

As hoped, candle close under 78.409. Now hopefully a reverse.
SL active

20 Ara 2021

İşlem aktif

Against the odds, a new ATH. SL not hit by a few mm. I hope things are moving in the right direction now. Lots of buy pressure. But also a lot of sell pressure. wait and see

20 Ara 2021

İşlem aktif

I put the trailing sl to 77.45 for a guaranteed win of 1.16% (lev x5). The more the price go's down, the more profit at the end.

20 Ara 2021

İşlem kapandı: durdurma seviyesi

Trailing SL hit at 750.82, Profit 20.96%