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mansfieldcapital
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Now we have a 5 bar compression pattern to break out from, either way. StochRSI has a higher swing low, which, in the recent past has been followed by an up move. As mention in my prior post, breakout patterns can got either way.
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BITCOIN COMPRESSION BREAKOUT POINTS & PRICE TARGETS 01/27/18 @ 2am EST. BTCUSD is in a long & tight compression pattern with support provided by the Andrews Pitchfork S1 line, and a high to high trend line. With the past 5 bars being inside Bar , a decent breakout trade up or down can now be placed at the upper and lower breakout lines shown on the chart,...
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