Currently looking at prices closing above the MA20 and currently printing a double doji (Depends how the daily will close). I normally do not trade the double doji pattern but it is interesting to see it printing out on the daily.
Stop loss - either the MA20 (but as you can see often candles pierce below) or the lowest wick from the Dojis. Target - I have been discussing whether this is a "M" or a "W". I am currently biased towards a W or even a Cup and Handle. I suppose target is easy to calculate.
Good Luck!
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I would not consider the current candle a doji but ... well it is behaving as expected...meaning: - yesterday's doji at MA - "W"/ Cup and Handle formation
=> let's wait for the reaction at the W or the C&H neckline.
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Restesting the MA20 daily:
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BTC better behave here:
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Breaking down
İşlem kapandı: durdurma seviyesi
İşlem aktif
Possible bounce...indecision...Waiting on the triangle to resolve itself!
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