The price of BTC has rallied significantly and has formed a downward sloping flag. We set the target using the measured rule and set our stop at the low of the flag. The risk to reward is above three and we go long BTC.
Note
There was a small short fall that could indicate that the price could move higherTrade closed manually
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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.