BTC is trading back within the range, which invalidates the bear pennant. Bullish!
Trade closed: stop reached
The mistake here was clearly not to look at the higher time frames because the higher the time frame, the more reliable the TA. The range low and its liquidity on the daily were more obvious targets than some targets on the hourly. 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.
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.