nrhayes91

Symmetrical Triangle forming on the hourly

nrhayes91 Updated   
COINBASE:BTCUSD   Bitcoin
Hello all,

You can see that a symmetrical triangle is forming on the hourly based on lower highs and higher lows. We should know which direction Bitcoin will break within the next few hours.

I have outlined a way to play this neutral pattern. Please use your best judgement when making trades.
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.