Bitcoin - 15M analysis for scalpers
Updated
Once the triangle is broken, price action should continue in the direction as shown on the chart.
Wait for confirmation on 1M or 5M. The price should break out, come back to the green line and the bounce back from it. That's your signal.
Take profit at the end of the arrow as shown on the chart. However, measure the distance for TP from the breakout manualy - put the thick blue line at the breakout point.
Wait for confirmation on 1M or 5M. The price should break out, come back to the green line and the bounce back from it. That's your signal.
Take profit at the end of the arrow as shown on the chart. However, measure the distance for TP from the breakout manualy - put the thick blue line at the breakout point.
Trade closed: target reached
Easy money. I hope everybody managed to get both TP!
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