Possible breakout coming for BTC/USD?
Updated
I am quite new to trading. I began learning about bull flags yesterday and I think that we are currently trading in one. Are we? If so, we now know where the price goes, a breakout will follow. Please help me by critiquing my line placement and by maybe changing out some of the indicators I have for ones that better suit my situation. Thank you very much and I hope that I will learn a lot!
Note
Alright, breakout happened and I bought in once I had volume to confirm my trade. Bought in at 8227, watched it climb to 8280 and set stop in for 8255. Story short, I've learned a lot about bull flags from this and have made a nice 1%< profit.
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.