BitcoinLong
BTCUSD POSSIBLE LONG TRADE PLAN
The instrument is trading inside a bullish trend on the intraday after completed a bullish engulfing from the bottom key zone. It went on to break out 2 other key zones and recently formed what looks like a bullish trendline. If all this holds and the price clearly rejects from the confluence area of a key zone and trendline, I'll be looking for long trades.
If the price breaks below these areas, this invalidates this setup.
Please do your own analysis before placing any trades.
Cheers and happy trading.
If the price breaks below these areas, this invalidates this setup.
Please do your own analysis before placing any trades.
Cheers and happy trading.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.