BTGUSD Back in the buy zone again
BTGUSD
Was banned for 24 hours for posting a text wall yesterday so was unable to update this - which was a pity because that little
continuation pattern running down the parallel when we left it was so well defined, just backing and filling - it needed
a new line over the highs as it ran down the parallel to redefine the perfect trigger for beakout... and when it came
it was excellent quality, big green bear engulfing candle, again, all the things we want to see when trading a breakout.
Not allowed to get to this to update, the trigger here was left at 308 for a move up to 320 minimum...in fact it shot though
here and spiked into the top parallel over a 3 hour period at 339 ...from al ow at 280 to a high at 339 in 6 hours - 20% in 6
hours! Unbelievable what these can do in such a short space of time.
Now it's a buy again on any dips back to 300 - it should rally to 320 minimum
again and more likely to test the same larger parallel at around 330 now
that it hit earlier today before coming off again
Was banned for 24 hours for posting a text wall yesterday so was unable to update this - which was a pity because that little
continuation pattern running down the parallel when we left it was so well defined, just backing and filling - it needed
a new line over the highs as it ran down the parallel to redefine the perfect trigger for beakout... and when it came
it was excellent quality, big green bear engulfing candle, again, all the things we want to see when trading a breakout.
Not allowed to get to this to update, the trigger here was left at 308 for a move up to 320 minimum...in fact it shot though
here and spiked into the top parallel over a 3 hour period at 339 ...from al ow at 280 to a high at 339 in 6 hours - 20% in 6
hours! Unbelievable what these can do in such a short space of time.
Now it's a buy again on any dips back to 300 - it should rally to 320 minimum
again and more likely to test the same larger parallel at around 330 now
that it hit earlier today before coming off again
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