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TradeCalmly
Oct 1, 2018 1:38 PM

Bitcoin weekly inside bar: High probability trade  

Bitcoin / DollarBitfinex

Description

Dear friends,

Bitcoin just formed a weekly inside bar. In 2018 there have been 5 other weekly inside bars. The break of each of these other weekly inside bars lead to at least a 1:1 Reward:Risk trade, no matter how large the range. This weeks inside bar is the smallest range one we have had yet. I suggest ignoring the chop of the lower level time frames, and trading the break of this bar, which in the past has guaranteed you at least a 1:1 RR trade.
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