BTC is forming a symmetrical triangle.
I have a short position currently and will switch to a long on the triangle upward breakout.
I have a short position currently and will switch to a long on the triangle upward breakout.
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Looks like the triangle finally got broken.
Will close the current short when a long entry appears.
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This could be an additional short entry.
Drew my target for the current short position.
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No additional short for now.
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If a falling impulse appears like this image, I will open a long.
Nobody knows the exact price which a wave ends at... I am talking about the shape of a wave.
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Target reached and closed half again cuz of the falling strength.
Will close the rest and switch to a long when a long entry appears.
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Still holding the short.
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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.