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
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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.
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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/
The breakout is going to be movement above the top descending yellow line. @Wave-Trader provided a couple ideas (arrows) but a breakout anywhere along those lines suffices. Preferably a closed candle for confirmation. Time frame is up to you. I prefer 4hr.
life143
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Geeat work and analysis, great comments below as well.