Pigeon Delivery!
Updated
Ok here is a coin I want you all to watch in this formation.
We have a very bullish divergence showing but we are lacking volume. Here the volume is important to break high on this set up.
Now if we break high of the triangle buy the first candle to close outside, if we break low clearly don't buy. If your holding this coin and we break low sell.
After you enter (if we enter) please set your stop loss on the grey line. This takes away the risk, we will see the break in the red section of the triangle.
We are in an upward trend here and have been for a while but we just need that volume to pour in for the next leg up.
Cash Is king, loads of choice today, all trades are going great so we best enjoy the good times ahead. Trades are forming better whilst BTC stays in its channel so lets make hay while the sun shines!
We have a very bullish divergence showing but we are lacking volume. Here the volume is important to break high on this set up.
Now if we break high of the triangle buy the first candle to close outside, if we break low clearly don't buy. If your holding this coin and we break low sell.
After you enter (if we enter) please set your stop loss on the grey line. This takes away the risk, we will see the break in the red section of the triangle.
We are in an upward trend here and have been for a while but we just need that volume to pour in for the next leg up.
Cash Is king, loads of choice today, all trades are going great so we best enjoy the good times ahead. Trades are forming better whilst BTC stays in its channel so lets make hay while the sun shines!
Trade closed manually
We did not enter This trade we broke low. I will update this if we ever get an entry again.Cash Is King!
Note
I just had an alarm go off on this trade, i didn't expect it so early but looks like we had a false break out on the low of the triangle.I just entered with my stop loss on grey line
Note
stop loss .000032 run it tightNote
for conservative traders enter after the close of this candle.
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