Bull pennant forming on 12HR
This is how I plan to trade this pattern in the next 24 hours, assuming Bitcoin stays bullish . This message will self destruct in t-minus less than 2 hours when the 3D closes. If the 3D close confirms the previous long leg doji candle stick by closing at or below $11,340, I will stop looking for longs and watch. If the 3D closes bullish then I look at this pattern as continuing the uptrend. Ignoring the higher time frames is never a good idea.
Not financial or trading advice just sharing what I am doing...and that can change quickly.
Not financial or trading advice just sharing what I am doing...and that can change quickly.
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.