TRXBTC MBA Trading Academy T/A Fridays
New structure forming in a bullish direction breaking out of trendline with HHs and HLs.
Waiting now for a retrace to support and form another HL and wait for a confirmation candle on support being held. Once held entry at .00000180
Entry at .00000180 in on course to bounce off center bollinger bands, extra indication as it heads back to support and confirm an entry.
First TP 50% at previous supply and if hit will move SL into no risk trade
Last TP higher again at previous supply.
If entry goes south then I am confident it will respect new trendline and let it play out, SL below previous structure.
Expect entry in the next 24 hrs
Expect trade to play out over the next 5 days
Waiting now for a retrace to support and form another HL and wait for a confirmation candle on support being held. Once held entry at .00000180
Entry at .00000180 in on course to bounce off center bollinger bands, extra indication as it heads back to support and confirm an entry.
First TP 50% at previous supply and if hit will move SL into no risk trade
Last TP higher again at previous supply.
If entry goes south then I am confident it will respect new trendline and let it play out, SL below previous structure.
Expect entry in the next 24 hrs
Expect trade to play out over the next 5 days
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