BTCUSD ascending triangle & inverse head & shoulders pattern on the lower time-frames.
No trade can be considered taking before a breakout in either direction.
Patience is the key.
Happy Trading!
No trade can be considered taking before a breakout in either direction.
Patience is the key.
Happy Trading!
Comment:
False breakout, no retest and strong rejection candle, no reason for entry yet. But this tells us price is more likely to break to the upside.
Trade closed: target reached: