BTC Long Falling Wedge
BTC still bearish so this trade should be taken only by small amounts or low leverage. According to the graph it formed a falling wedge pattern and already had a breakout. If this is really a wedge it make sense to bounce on this low timeframe bullish OB as it also created a break of structure.
Always put a stop loss and make sure to only have low leverage on this trade if you want to go with this.
Happy Trading.
Always put a stop loss and make sure to only have low leverage on this trade if you want to go with this.
Happy Trading.
Trade closed manually
Missed Entry: BTC Has really gone up but it went up earlier than the retracement on the channel.Trade closed: target reached
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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.