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Yuriy_Bishko
Jul 29, 2020 6:14 AM

BTCUSD, Look at this similar charts!) Long

Bitcoin / United States DollarCoinbase

Description

We can think this is the same chart but the timeframes are different!
Some traders are looking for such fractal patterns every day.
Let's check this theory now!
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!

Comment

Comment


I like this author! His charts with triangles are very clear

Comment

Comment

70% of my upward arrow approved!))
Thanks for your support and likes!
Comments
etawong85
Thank you Yuriy. What is your target price/range if I may ask?
Yuriy_Bishko
@etawong85, I actually didn't trade it. This is not my favorite pattern. But some followers use it
Yuriy_Bishko
@etawong85, the correct settings: stop under previous low, take 1/3
kkrypto.be
I guess you were right; atthe time of speaking 11.140
Yuriy_Bishko
@kkrypto.be, thank you!
RocketBomb
Yuriy_Bishko
@RocketBomb, good job Rocket))
dysonring2050
I was also just looking at this bull pennant breakout on the hourly but at the same time there looks to be a bearish MACD cross in the 4 hour timeframe. My guess is there might be more consolidation at 10900 or a break down to 10500 to retest support. It'll be interesting if the pattern repeats, but I don't think I'll open a long position based on it haha
Yuriy_Bishko
@dysonring2050, thanks for your thoughts)
Yuriy_Bishko
@dysonring2050, you shouldn't trade it) good luck!
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