Gaucho – The MACD & 13/33ema histogram (60 minute chart) are both above the zero line (bullish) and appear to be turning back up (bullish) which helps to confirm a long entry or add-on a KONA backtests the wedge pattern on the daily timeframe today. An objective stop could be set somewhat below the 11.68ish support level.

Bullman – As this was an unofficial trade idea (that in which I don’t have the highest degree of confidence) I didn’t post a suggested stop or profit targets although I will say that a solid move, ideally on a 60 or 120-minute candlestick close back within the wedge & especially below the 12.00ish level would be an objective stop. Keep in mind, though, that the upper trendline on a falling wedge means that the wedge comes in lower & lower prices as each day goes by so best to say a move back inside the wedge soon OR a move below 12.00 (or any other horizontal support level based on you entry price and loss allowance) going forward.