Updated

BTC Symmetrical Triangle

Watch for breakout of the triangle

Note

I prefer to see a breakout with high volume before I take a long trade.
Also I do not short this market, if there is a breakout to the downside I m looking for the 8k area for possible buy opportunities

Note

Seems like the triangle is broken but there is no volume on the market. I ll keep watching the 11800. I need a close above that level to take my long trade

Trade active

Target 13800$
Stop loss 10200$

Trade closed: stop reached

Note

Sorry for the delayed update. My stop loss at 10200$ reached few days ago

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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.

Also on:

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.