BTCUSD 4H ASCENDING TRIANGLE TRADES
Updated
Strong resistance at top of ascending triangle trendline and -27.2% fib.
If there is a bullish breakout the previous resistance levels are our take profits.
Price may breakout the bottom triangle trendline.
At 9354 price could continue bearish of have a bullish bounce.
Bearish take profits are listed on the chart.
This trade is from our free pdf "BREAKOUT TRIANGLE STRATEGY" PM me if you have any questions, I will be happy to help.
If there is a bullish breakout the previous resistance levels are our take profits.
Price may breakout the bottom triangle trendline.
At 9354 price could continue bearish of have a bullish bounce.
Bearish take profits are listed on the chart.
This trade is from our free pdf "BREAKOUT TRIANGLE STRATEGY" PM me if you have any questions, I will be happy to help.
Note
Pair fell and touched bottom of triangle trendline.Note
1H/15m charts - 15m break-hook-go completing Note
Price hit take profit 1, almost take profit 2Note
Price hit take profit 1 and now take profit 2
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.