XBTUSD Trade Idea, both short and long

By jobanis
Updated
Now that we are out of the week-long descending triangle and holding here, maybe there are some opportunity to trade the swing. I put a red box where you might be able to short and green box where you might be able to long. This potentially gives each position side precisely 3:1 Reward/Risk Ratio. I have chosen the stop-loss on both short and long sides based on the trends I saw.
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3to1BTCUSDChart PatternsLONGriskrewardshortswingtradingTrend AnalysisXBTUSD

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