BitcoinLong
Backtest the breakout, expecting c wave up. Tight stop loss
Updated
Taking a calculated risk here.
Assumption: This is a backtest of the breakout above resistance. Start of the W-C up should be in place shortly. Taking trade with 2x Lev to upper end of resistance channel.
Stop loss: Once the triangle support is broken.
Assumption: This is a backtest of the breakout above resistance. Start of the W-C up should be in place shortly. Taking trade with 2x Lev to upper end of resistance channel.
Stop loss: Once the triangle support is broken.
Trade closed: target reached
Note
C-wave and resistance right above. :popcorn:
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