BULLFLAG BREAKOUT on BTC
low risk trade
bullish consolidating at the highs
could be close to a local top, but I have to favor some upside still left
alts are looking good and worth longing with a tight stop loss (ideally near near the last low)
low risk trade
bullish consolidating at the highs
could be close to a local top, but I have to favor some upside still left
alts are looking good and worth longing with a tight stop loss (ideally near near the last low)
Comment:
we can get this version to so keep it mind . if you dont have time to follow the the price action, just put ur stop lowerat previous low (keep in mind, BTC is closer to a local top so a pullback is likely coming sooner or later)
Comment:
or may have already started
(a Sunday PnD or DnP is a normal thing to be aware of)
(a Sunday PnD or DnP is a normal thing to be aware of)
Comment:
looking for entry in highlighted area
Comment:
just consolidation
no point keeping the trade open at these highs
will look for another trade on breakout or breakdown
was worth a try considering the pattern
you can scalp back n forth between resistance and support
no point keeping the trade open at these highs
will look for another trade on breakout or breakdown
was worth a try considering the pattern
you can scalp back n forth between resistance and support
Trade closed: target reached:
Comment:
another pov that developed after original TA