hi guys. We're looking at BTCUSDT.
Firstly we can see BTCUSDT is in the correction phase and has formed a parallel channel // Triangle. In-between channel or triangle we can see a flag. this is the pattern that might pump the price above the channel (Impulsive breakout). then we look for impulsive continuation (small correction) before we enter the trade.
trade carefully and remember your RR management.
Firstly we can see BTCUSDT is in the correction phase and has formed a parallel channel // Triangle. In-between channel or triangle we can see a flag. this is the pattern that might pump the price above the channel (Impulsive breakout). then we look for impulsive continuation (small correction) before we enter the trade.
trade carefully and remember your RR management.