Bitcoin , Keep it Simple !
- Bitcoin has been consolidating in a side range since May .
- A rectangle Pattern was formed .
- A breakout of this Pattern gives us a Short opportunity towards the next Support.
- I confirm the breakout with :
1-Daily Close below the Rectangle Pattern .
2-Price below the 200 EMA .
If the Breakout happens , I would short with :
-Stop Loss above the breakout Candle (in the pattern ) .
-Profit Targets are the support zones from November and December .
This is how I see it and I am happy to read your feedback on my idea .
Happy Trading everyone .
Note :This is not a financial advise , I might be 100% wrong on everything I say .
- A rectangle Pattern was formed .
- A breakout of this Pattern gives us a Short opportunity towards the next Support.
- I confirm the breakout with :
1-Daily Close below the Rectangle Pattern .
2-Price below the 200 EMA .
If the Breakout happens , I would short with :
-Stop Loss above the breakout Candle (in the pattern ) .
-Profit Targets are the support zones from November and December .
This is how I see it and I am happy to read your feedback on my idea .
Happy Trading everyone .
Note :This is not a financial advise , I might be 100% wrong on everything I say .
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.