as we can see BTC vs EURO trap into a descending triangle as a distribution pattern for 4 months. due to this pattern and low volatility we can see, there would be a short opportunity here.
This trade idea has a 2.5 risk to reward ratio.
BTCEUR
This trade idea has a 2.5 risk to reward ratio.
BTCEURNote
remember we need to wait for the pattern confirmationNote
check out 12h also! pretty obvious
Note
we can risk 2% for this trade and gain 5.5R +++ commit to your risk management system+++
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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.