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Multiple Time Frame Analysis

BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
2
BDL - potential 45% upsideDaily Chart (Left side) Price bounce off from previous strong demand zone Price breaking out of previous swing high 75 min chart (Right side) Previous up-trend with high volumes Price consolidation and Volume Contraction Price breakout of consolidation with good volume spike Trade Execution Buy if price crosses about last candle high 1275 Target All Time High 1700-1800 Stop loss 1193 on daily closing basis Trailing Stop Loss SAM/EMA 20 daily or SuperTrend 10,3
NSE:BDL
by NoobInvestor_76