BTC/EUR distribution pattern

١٦ يوليو ٢٠٢٠

as we can see BTC vs EURO trap into a descending triangle as a distribution pattern for 4 months. due to this pattern and low volatility we can see, there would be a short opportunity here.
This trade idea has a 2.5 risk to reward ratio.
BTCEUR

١٦ يوليو ٢٠٢٠

ملاحظة

remember we need to wait for the pattern confirmation

١٦ يوليو ٢٠٢٠

ملاحظة

check out 12h also! pretty obvious

١٦ يوليو ٢٠٢٠

ملاحظة

we can risk 2% for this trade and gain 5.5R +++ commit to your risk management system+++