BTCUSDT - 1H - Diamond pattern near breakout
Updated
We can see a diamond pattern is forming, this is a reversal structure.
Strategy is:
1) Wait for trendline breakout (near 19200)
2) Stop loss is last low (18510)
3) Ideal target is diamond height (near 20876)
Active managing the trade is needed.
Lets see!!
Please like and follow.
Best regards.
Strategy is:
1) Wait for trendline breakout (near 19200)
2) Stop loss is last low (18510)
3) Ideal target is diamond height (near 20876)
Active managing the trade is needed.
Lets see!!
Please like and follow.
Best regards.
Trade active
trade is active, i move SL to BETrade closed: target reached
First target hit.Second target not hit, close on BE.
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