BTCUSD - we create trends ourselves...)
Now I see a picture when two groups of market participants try to work in two trend channels "A-B"and" B-C". With high probability, I can
assume that a large number of pending orders to buy or sell-set at the border of the channels A, B, C.
Based on this conclusion I'm going to do the following:
- on the border of the channel "A" - open short position;
- on the edge of the channel "B" to open a long position or take profits;
- if the price strengthened below the channel "B" - I will open a short position;
on the edge of the channel "C" - I'll take profits.
assume that a large number of pending orders to buy or sell-set at the border of the channels A, B, C.
Based on this conclusion I'm going to do the following:
- on the border of the channel "A" - open short position;
- on the edge of the channel "B" to open a long position or take profits;
- if the price strengthened below the channel "B" - I will open a short position;
on the edge of the channel "C" - I'll take profits.
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