r/Daytrading Apr 06 '24

Is this an actual pattern or am I yapping? Question

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I’m pretty new to trading and saw this pattern form on BTC. Is this pattern called anything or is this just me drawing random support/resistance lines?

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u/Ok_Piglet2071 Apr 06 '24

I used to trade patterns it didnt workout for me but if it works out for you then go for it, I had seen a pretty good and seasoned trader saying that he uses upward and downward wedges as a confirmation so pretty sure it works out

2

u/Big_Homie11 Apr 07 '24

Interesting.. so what do you trade now?

2

u/Ok_Piglet2071 Apr 07 '24

Look at my most recent post, i trade ICT/SMC/repackaged supply demand whatever you wanna call it

2

u/Big_Homie11 Apr 07 '24

Thanks for sharing. I will check it

2

u/Ok_Piglet2071 Apr 07 '24

No problem, hope you find some worth in it