Gor_Union

My Technical Analysis: Bitcoin; triangle; 2 levels; 3 rules

INDEX:BTCUSD   Bitcoin
Analytics provides a clear understanding of the market. Technical analysis works if applied according to the present rules. Many traders do not know technical analysis, do not understand its essence, and do not use large timeframes. The main problem is a lack of quality knowledge and a great desire to act.

After studying my chart you will understand what to expect. My subjective opinion:
1) clear triangle. Exit and consolidation in one of the sides can be considered to open trades or to correct their own medium-term plans.
2) "need to break" levels. In case of a breakout and qualitative fixing you will expect the achievement of the mentioned zone with an increased probability.
3) study the chart, this is a demonstration of how technical analysis works. You should be able to do the same!

3 rules:
1) the market is understandable only when patterns and other phenomena are formed
2) Even after the formation of the pattern you cannot have a position because the conditions for trading on the basis of the pattern must be fulfilled in order to open a deal
3) Study big timeframes, in order not to lose your money

Gor Union. Hack the markets.
www.gorunion.com/
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