Tradingstrategyguides

BTCUSD 4H RANGE TRADES

BITSTAMP:BTCUSD   Bitcoin
Pair is in a range
Price is below 100 sma makes a bearish bias

Bullish Trade
Breakout of 50 sma
1st take profit is range top
2nd take profit is swing high

Bearish Trade
ENTRY - current 15m bearish continuation candle patterns
1st take profit range bottom
2nd take profit swing low
Comment:
Price hit 1st bearish take profit
Comment:
Bearish range bottom breakout.

Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview

Our free Telegram channel: t.me/TradingStrategyGuides
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.