Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
1️⃣In the previous cycle, BTC broke above its red range during the first parabolic impulse.
2️⃣It then consolidated within a range for a few days before beginning the second impulse.
💡 Can you spot a pattern here?
"History doesn’t repeat itself, but it often rhymes."
~ Mark Twain
2️⃣If we follow the previous cycle and history follows a similar rhythm, we may currently be setting up for phase 2.
📈Confirmation would come from a breakout above the blue range.
📚Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
~Richard Nasr
1️⃣In the previous cycle, BTC broke above its red range during the first parabolic impulse.
2️⃣It then consolidated within a range for a few days before beginning the second impulse.
💡 Can you spot a pattern here?
"History doesn’t repeat itself, but it often rhymes."
~ Mark Twain
2️⃣If we follow the previous cycle and history follows a similar rhythm, we may currently be setting up for phase 2.
📈Confirmation would come from a breakout above the blue range.
📚Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.