I have an opinion which way it will go, what's yours? Markets don't care about our opinions, so we trade what it gives us. Here we have
BTCUSD
on the 4HR. This is a very simple plan to follow, BUY or SELL the retest of the triangle breakout. We saw this pattern as a continuation pattern in 2018 from the bear market, before the drop to 3200. Will it be the same this time? The real question is, does it matter? NO! Inside the triangle at this point it's not worth the risk. Wait for a break and then retest and you can enter the trade with confidence. If you find this useful, agree or disagree...let me know in the comments or hit the like button.
BTCUSD
on the 4HR. This is a very simple plan to follow, BUY or SELL the retest of the triangle breakout. We saw this pattern as a continuation pattern in 2018 from the bear market, before the drop to 3200. Will it be the same this time? The real question is, does it matter? NO! Inside the triangle at this point it's not worth the risk. Wait for a break and then retest and you can enter the trade with confidence. If you find this useful, agree or disagree...let me know in the comments or hit the like button.