breakout from weekly downtrend - Pullback From Weekly resistance to upper downtrend line (First Buy Zone). SL below downtrend, Target to break Weekly resistance - Take Gains, re-entry S/R flip, Sl below weekly resistance, next weekly resistance next target
Note
Going as per the trade plan. I bought at my planned Buy Zone -1 however sold before Sell Zone-1 to take some profits. Because I took a short position on BTC and when i am short on BTC i do not take positions on Alts. If i close my BTC short position and if Buy Zone-2 will be in play, i will take the trade
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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.