BULLFLAG BREAKOUT on BTC
low risk trade
bullish consolidating at the highs
could be close to a local top, but I have to favor some upside still left
alts are looking good and worth longing with a tight stop loss (ideally near near the last low)
low risk trade
bullish consolidating at the highs
could be close to a local top, but I have to favor some upside still left
alts are looking good and worth longing with a tight stop loss (ideally near near the last low)
Note
we can get this version to so keep it mind . if you dont have time to follow the the price action, just put ur stop lowerat previous low (keep in mind, BTC is closer to a local top so a pullback is likely coming sooner or later)Note
or may have already started(a Sunday PnD or DnP is a normal thing to be aware of)
Note
looking for entry in highlighted areaNote
just consolidationno point keeping the trade open at these highs
will look for another trade on breakout or breakdown
was worth a try considering the pattern
you can scalp back n forth between resistance and support
Trade closed: target reached
Note
another pov that developed after original TA
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.
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.