Price has taken support at C&H formation target. HH, HL in formation. Price has reached a strong horizontal level (acting as resistance) Take Entry after Breakout of horizontal level (Resistance); will be converted to support. SL and TPs are specified. Trail stop loss accordingly.
Parallel Channel Breakout Observed Completion of Cup & Handle Target Short term and long term Bullish setup is available Wait for HH, HL formation Entry above watchout level Horizontal support Levels are specified for TPs Ride the trend and Trail your stop loss Manage your risk properly
Descending Parallel Channel Breakout and Retest Inverted Cup & Handle formation Support from 50 EMA Crossed Strong Horizontal Support/Resistance Line Series of HH, HL formation Trade with stop loss Ride with trailing stop loss
Watch for Triangle Breakout Take Entry with stop loss @ Triangle Top Trail Stop Loss for TPs as per fib levels
Wait for Target completions for Long Entry Watchout for Horizontal Supports, Cup & Handle Patterns Targets, Ascending Triangle Breakdown targets
Please share with me your thoughts, Kind regards.
BITCOIN: BTCUSD Approaching major resistance at 2340- 2350 again. It has to break above 2350 now to remain positive and to re-open the way for 400 point rally back to the high