BTC had a nice impulse up. Now we are just waiting for a second impulse BULLISH towards the 50% range and we can see a bullish flag forming. The take off can happen instantly but if we make it to POINT B at 3500$ I will be looking for a buy setup. Typically a nice floor formation on lower time frames followed by an hourly reversal.
TP prices to look for
Ideal entry: 3500$
SL: 3100$
TP1 @ 3750$
TP2 @ 3850$
TP3 @ 3950$
TP prices to look for
Ideal entry: 3500$
SL: 3100$
TP1 @ 3750$
TP2 @ 3850$
TP3 @ 3950$
Comment:
Flag range broke! look at that! All within 10hrs of the idea. I still will look for a pullback. Those who bought at 3300 zone should be well in profit now. Make sure to move stops. If another buy entry comes in we will take another buy in.
Comment:
3700 touched.
Comment:
TP 2 and 3 hit. Congrats everyone! New updated idea in profile!