BITCOIN RANGE LONG TRADE

Pair has been in a 1H range for a while
Price at bottom of range
Wicks at bottom of range shows no sellers
If price reverses it can rise to 50 sma and pause
Price could consolidate there or break above 100 sma
Price could then rise to top of range.

評論:

15m/1H dual chart helps to follow price

評論:

sorry 1H - 15m

評論:

On our 15m chart we have either a bearish flag or an ascending channel

評論:

1st take profit hit

評論:

Price fell back into ascending channel
Price now has broken above channel
Price has entered 2nd long trade

評論:

Hit top of range take profit

評論:

Bounce of top of range short trade

評論:

Bullish breakout of range top

評論:

Price took out take profit at -61.8% fib like a freight train