BTC BULLFLAG SETUP

Updated
BULLFLAG BREAKOUT on BTC
low risk trade
bullish consolidating at the highs
could be close to a local top, but I have to favor some upside still left
alts are looking good and worth longing with a tight stop loss (ideally near near the last low)
Note
we can get this version to so keep it mind . if you dont have time to follow the the price action, just put ur stop lowerat previous low (keep in mind, BTC is closer to a local top so a pullback is likely coming sooner or later)
snapshot
Note
or may have already started
(a Sunday PnD or DnP is a normal thing to be aware of)
snapshot
Note
looking for entry in highlighted area
snapshot
Note
just consolidation
no point keeping the trade open at these highs
will look for another trade on breakout or breakdown
was worth a try considering the pattern
you can scalp back n forth between resistance and support
snapshot
Trade closed: target reached
snapshot
Note
another pov that developed after original TA
snapshot
Chart PatternsFlagTrend Analysis

Also on:

Disclaimer