hello guys...
as you can see BTC has broken the last symmetrical triangle pattern...
it would be clear to all of you that the first target of this pattern touched, however, you should consider the main move in this specific coin is bullish and it is not out of mind if it is going to touch the second target as well,
the risk to reward for this position is valuable so I recommend you enter to position with a reasonable risk in case of touching the stop-loss,
_____________________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
as you can see BTC has broken the last symmetrical triangle pattern...
it would be clear to all of you that the first target of this pattern touched, however, you should consider the main move in this specific coin is bullish and it is not out of mind if it is going to touch the second target as well,
the risk to reward for this position is valuable so I recommend you enter to position with a reasonable risk in case of touching the stop-loss,
_____________________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Trade closed: target reached
Comment:
it is a valuable area for taking your profit and close most of your position
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just consider it for breaking up and need a bit of compression.