Chart Analysis:
1- Uptrend channel - VALID
2- Downtrend channel - EXPIRED
3- Tenkan > Kijun - VALID in H4 chart.
4- Price vs Kumo - Sideway in Daily chart / Downtrend in H4 chart / Uptrend in H1 chart.
5- Higher low in H4 chart - VALID since 22/12/2017
Trade Idea : Long entry setup has appeared in H4 chart but not a strong long entry. May take a trade with SL according to own MM.
I take responsibility on my own trade.
1- Uptrend channel - VALID
2- Downtrend channel - EXPIRED
3- Tenkan > Kijun - VALID in H4 chart.
4- Price vs Kumo - Sideway in Daily chart / Downtrend in H4 chart / Uptrend in H1 chart.
5- Higher low in H4 chart - VALID since 22/12/2017
Trade Idea : Long entry setup has appeared in H4 chart but not a strong long entry. May take a trade with SL according to own MM.
I take responsibility on my own trade.
Note
Update base on new structure..Note
Overview on Daily Chart.Trade closed: stop reached
BTCUSD breakdown triangle. Stop reached. Now BTC in downtrend in Daily/H4/H1 chart. Looking for retracement for short setup.
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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.
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.