BitcoinShort
BTC broke this triangle
Updated
Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
₿itcoin broke out of this triangle down but didn't hit the target yet. I'm not chasing, just waiting for pullback to the previous range (pink) & triangle lower edge area around 20150 as shown by the blue projection. Setting SELL LIMIT order. Will cancel it if price reaches the target first before filling the order.
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
₿itcoin broke out of this triangle down but didn't hit the target yet. I'm not chasing, just waiting for pullback to the previous range (pink) & triangle lower edge area around 20150 as shown by the blue projection. Setting SELL LIMIT order. Will cancel it if price reaches the target first before filling the order.
- ENTRY: previous local range & triangle lower edge @ 20150
- STOPLOSS: local high @ 20350
- TARGET: height of the triangle projected from midpoint of the local range (pink) @ 19560
- REWARD RISK RATIO (RRR): ~3
- INVALIDATION: when STOPLOSS level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade active
Order filled ✔️Trade closed: stop reached
Stoploss hit 🛑
Related publications
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.