In H1 time frame, BTC is forming the HANDLE CUP PATTERN There is also a Divergence between Price trend and Composite Index trend Long set up when: Price break 36,627.88 with high volume Stop loss = when candles following close lower than 36,627.88 Take profit = 38,000 Please don’t open any entry if price cannot break this point.
Trade active
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Price break 36,627.88 The two following canles still close above this point Long entry is active Hopefully we see profit point at 38000 soon
Trade closed: stop reached
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The take profit did not reach 38000 Price u-turn back to stop loss point