Wave-Trader

BTCUSD Buy the breakout or wait for 886

Long
Wave-Trader Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi there,
This is a short term buy setup.

Watch for the breakout and look for buy on breakout.

If we dont see breakout and price test the bottom at 786 or 886 of fib live watch for the price action for buy there.

In case if price break below the previous low clearly then it will invalidate the buy setup.

If we are going the see a very strong breakout and stringer buy then you can hold it for longer term rather than for short term for next bullish leg.

Hope will help you to understand how to trade on this chart.

Good Luck.

lease support the setup with your likes, comments and by following on TradingView thanks
Comment:
Here you got the breakout. No rush stay in look for more upside. You can hold for more upside rather than taking short term profit. Soon i will update the bigger time frame chart.
Comment:
Here you got another one watch this breakout and look for more upside. Keep buying if see these corrections. BTCUSD/MkTMT5oQ-BTCUSD-Buy-the-breakout-of-watch-bottom-for-buy-before-breakout/
Comment:
Here is the chart.

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