IF PRICE REACHES GREEN= BUY
IF PRICE REACHES RED= SELL
Triangle forming in the BTC/USD price, much like the other one the other day (which would've been a very successful trade as predicted)
However this one is spending alot of time in the lower half of the triangle, suggesting it should break out lower. However it could break out either way. I'm guessing it will trigger the red (sell) mark and shoot lower but the good thing about this straddle (oco) order is that you profit off volatility rather than predicting direction- You make money either way.
IF PRICE REACHES RED= SELL
Triangle forming in the BTC/USD price, much like the other one the other day (which would've been a very successful trade as predicted)
However this one is spending alot of time in the lower half of the triangle, suggesting it should break out lower. However it could break out either way. I'm guessing it will trigger the red (sell) mark and shoot lower but the good thing about this straddle (oco) order is that you profit off volatility rather than predicting direction- You make money either way.