TradingView
ArShevelev
Jun 29, 2020 9:44 PM

☆ BTC / USD — Bitcoin Simple Trade Setup ☆ Long

Description

Hello dear Tradingviewians!

In this June 30 Update we can see the price breakout from FLAG pattern.

🏁 The Flag:
This pattern was spotted by me earlier, I have used 2 entries for this Flag, one on the support of FLAG other on the breakout from resistance.
So entries was at 9020 and 9120:


🏋️ Speaking about targets:
Depending on the way of your trading, and the trading style — you may choose different targets. For swing traders this possible good zone for entry in middle-term for one or two weeks.
Scalpers can take profits at Flag Target Zone near 9300.

🛑 Best place for Stop loss
Well it sometimes hard to get good stop loss price. You know market sometimes make fast moves to wash your stops?
So in this setup I am using SL at 8960.
It located below lower entry and protect from sudden dump.

💚 Thanks for your attention, white your questions and reviews

This is
Artem Crypto

Comments
traveller59
Useful update!
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