BITCOIN TRIANGLE/FLAG LONG|TRADING PLAN

١٤ أغسطس ٢٠٢٠

Bitcoin has broken out of the long term resistance line and is currently consolidating below the new horizontal resistance, in a bullish flag/triangle.

Given the above-written, our target trade is a long.

TRADING PLAN:

1-Wait for the breakout

2-Make sure it is confirmed

3-Go long

4-SL below the triangles horizontal resistance

5-Take by trailing stop after 1:1,5 50% take

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