go8686

BITCOIN Long Trade When Breaking Out 2020-1202

Long
BINANCE:BTCUSDTPERP   Bitcoin / TetherUS PERPETUAL FUTURES
Bitcoin has completed the consolidation, Long When it breaks the structure through the upper red resistance line.

Symbol: BTCUSD , BTCUSDTP, BTCUSD , XBTUSD
Signal: Red -> Green
Context: Green

Trade closed manually: Closed when the above ribbons turns Yellow or Red.

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This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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Comments

What confirmation signal has the market given you that the consolidation is complete? 🤔
Reply
go8686 StewySongs
@StewySongs, Thank you for feedback. That is a bit early to say. What I really did is when the upper ribbon became Green, from Blue, or Red, I take it as entry point.
Because The lower ribbons are Green, which means the market is bullish. For breakout, really should wait breaking out the Trend and stay above.
Reply
Here we goooo 📈
Reply
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