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Descending Triangle On BTCUSD (Long Bias)
Hello Traders
Another Tactical Trading Tuesday at your discretion.
Here with a Descending triangle that has been in play for the past two months.
The trend held up very nicely thus far. Forming a solid resistance.
On the other hand support was also found on and around 9300.
So we are geared towards long direction with a breakout and continuation.
If the price projections (yellow arrows) don't play out as shown then the trade would be invalidated.
Trade safe Trade well
Another Tactical Trading Tuesday at your discretion.
Here with a Descending triangle that has been in play for the past two months.
The trend held up very nicely thus far. Forming a solid resistance.
On the other hand support was also found on and around 9300.
So we are geared towards long direction with a breakout and continuation.
If the price projections (yellow arrows) don't play out as shown then the trade would be invalidated.
Trade safe Trade well
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