I'll buy BTC after the breakout of the bull flag
I'll enter a position after the breakout of the bull flag triangle.
It will also be above some horizontal and diagonal resistances which serves as an evidence of strength.
SL will trigger if BTC is back again within the flag and also smashed the two (then) support lines.
Legend:
o red = daily tf
o green = 4 hour tf
o full line = s/r based on candle body
o dashed line = s/r based on wick
It will also be above some horizontal and diagonal resistances which serves as an evidence of strength.
SL will trigger if BTC is back again within the flag and also smashed the two (then) support lines.
Legend:
o red = daily tf
o green = 4 hour tf
o full line = s/r based on candle body
o dashed line = s/r based on wick
Note
Target is the recent 14k high.Note
Pic of the bull flag:
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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.
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.