BTCUSD has been consolidating for the entire week within this ascending triangle, showing bullish pressure. However, I believe that this is just a trap considering current economical events. People are still flocking to gold as a safe haven as cryptocurrency has yet to establish itself amongst the older audiences. Hence, we may see the ascending triangle fail. The setup will be invalidated if the resistance up top is breached.
Please do not risk more than 1% per trade!
If you like the idea, please help like the post and comment down your thoughts below! I would love to hear your thoughts!
Please do not risk more than 1% per trade!
If you like the idea, please help like the post and comment down your thoughts below! I would love to hear your thoughts!
Trade attivo
Trade is active and in good profits!Nota
TP1 has been hit!Trade chiuso: obiettivo raggiunto
TP2 has been reached! Remaining position sl has been shifted to BE. We should be pulling back for a bit now before attempting for TP3Nota
Price has pulled back to retest the trendline. Possible reentry of shorts over here but exercise caution. If we break back up into the uptrend, we can forget about TP3.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.