forming inside bars at the baseline of the channel. Looks like a good breakout trade with high probability of breaking upwards. But also keeping in mind that we could break down. So trading either way. Looking for a breakout trade when we leave the channel or when we break the inside bar formation upwards.
Target for the upside will be .5 becuase of the confluence zone.
Target for the upside will be .5 becuase of the confluence zone.
Note
BTC failed to leave the channel, so we probably see some more continuation to the upsideNote
rejected by the cloud. looks like we are heading up again
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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.