Trader_E9

BTC MEGAPHONE

Long
Trader_E9 Updated   
BITMEX:XBTUSD.P   Bitcoin
Megaphone pattern?
Comment:
INSIDE THE MEGAPHONE LOWER CHANNEL... :)

Comment:
Due to volatility in the markets, this trade didn't play out. In the chart is the spot where we decide to move out of the trade with the break below the channel and then a retest to move lower, this showed that the channel was not holding price and had been exhausted.

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.