I think trades are watching this pattern playing out.
A conservative strategy to play this trade is: Entry: 4H close above 9536 Stop: False break out, e.g. 4H close below 9450. Target: 10190
Trade active
Takes longer to escape price range under 9,500. Enter long position with wide stop lose around 9,360. Once it climb higher, will rise stop lose to recent low (slightly under 9,500).
Trade closed manually
Took profit around 9650, I've been trained by this market to take profit while I still can. Now BTC back to prev range, trade closed.
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.