BTC / USD Joe Ross test
Updated
Trying out the Joe Ross 1-2-3 Bottom pattern. If the price goes above the previous candle's high, then point 3 is confirmed and we can enter the trade. The method is a tighter version of the double bottom formation, which would first require to watch for a penetration of resistance and then enter trade after retest.
Entry only if this current candle goes at around 7050.
Stop loss below the previous low.
Entry only if this current candle goes at around 7050.
Stop loss below the previous low.
Order cancelled
Point 3 failed to confirm. Trade cancelled.
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.