BTC seems to retest the breakout zone of triangle pattern, for me this looks a high probability setup. Good risk to reward ratio potential in this trade.
I will enter this trade only if I see a good bearish engulfing pattern indicating reversal from the breakout area of 85k. ( on 1HR TF )
This will signal a successful retest and continuation towards 75k as my target.
This is my idea according to my analysis and not a trading advice, Please DYOR before taking any trade.
I will enter this trade only if I see a good bearish engulfing pattern indicating reversal from the breakout area of 85k. ( on 1HR TF )
This will signal a successful retest and continuation towards 75k as my target.
This is my idea according to my analysis and not a trading advice, Please DYOR before taking any trade.
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