BitcoinUpdated BTCUSD inside week after a bat pattern;time to choose direction!
Hello TV happy new year!
BTCUSD had an inside week last week after it almost hit the entry of the bat.
While also, it could be taken as a downtrend just finished its 8ema correction.
Both of the above reason makes this inside week breakout so important!
So the strategy is quite simple: wait for the direction of the breakout and trade in line with the direction it breaks!
Let's see how it goes!
BTCUSD had an inside week last week after it almost hit the entry of the bat.
While also, it could be taken as a downtrend just finished its 8ema correction.
Both of the above reason makes this inside week breakout so important!
So the strategy is quite simple: wait for the direction of the breakout and trade in line with the direction it breaks!
Let's see how it goes!
Note
broke to the downside yo!
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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.
Related publications
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.