BTC Bullflag
It's weekend and I don't like to trade on weekends due to lack of volume, but here is a very nice setup on BTC. broke the trendline and the previous month's high, currently backtesting those levels. it's forming a bull flag and if this pattern breaks out the target is 22400. I longed for a small position from 21100-21200. my stop loss is manual and I would close this long if I see the price is getting acceptance back below 21k.
Trade active
I am still holding and added a bit under 21k. I will cut if the price consolidates under 21k and cant reclaim it.Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.