BTC triangle breakout
Updated
Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
₿itcoin broke down this triangle📐 and I think there is chance for run to 22580 and even lower. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
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 down this triangle📐 and I think there is chance for run to 22580 and even lower. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
- ENTRY: local high @ 23100
- STOPLOSS (SL): local low @ 23222
- TARGET (TP): height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 22580
- REWARD RISK RATIO (RRR): 4.3
- INVALIDATION: when SL 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.
Note
Part of the triangle lower edge is overlaped by the ₿ picture. Just hover on the trendline and it will be shown in its entirety.Trade active
Order filled ✔️Trade closed: stop reached
Triangle upper edge broken with a vengeance. Stoploss hit 🛑Note
Check new idea here:
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.