BTCUSDT---> breaks up the channel
hello guys...
BTC formed a head and shoulders pattern and after breaking up that neckline touched the target (the target of this pattern was the first pink area)
in the middle of its path formed an ascending channel and kind of break this up as well
it is possible if make another upward movement to the second pink area ( I show it by arrow mark)
and the second pink area it is not a bad place to get a short position but I should inform you that this is not kind of a certain forecast just threw my shut to see what happened when the price arrives there!
---------------------------------
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
hello guys...
BTC formed a head and shoulders pattern and after breaking up that neckline touched the target (the target of this pattern was the first pink area)
in the middle of its path formed an ascending channel and kind of break this up as well
it is possible if make another upward movement to the second pink area ( I show it by arrow mark)
and the second pink area it is not a bad place to get a short position but I should inform you that this is not kind of a certain forecast just threw my shut to see what happened when the price arrives there!
---------------------------------
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Trade closed: target reached
the long position hit the targetTrade active
if the price break down this line get a short position in retrace
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.