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tommyboxfx
Nov 21, 2019 1:16 PM

There's some more chances for bulls?Red or Purple? 

Bitcoin / TetherUSBinance

Description

The situation is more complex than I think it will be!
Price is again inside of the previous wedge but also not too much broke the upper wedge line yet . It is only like fake breakout from the first time!
If price going deeper and broke the previous low than I will start to believe Mr. Xi rally was only a stop grabber from the wedge and a downside movement in one more stop grabber will come at 6000-6500 area!

But until previous low holds the price I am bullish and from the trade aspect, my next stops will be under previous low but targets will be the same than before what results with same money management a smaller position size in next trade(usually optimal money management for me is 1,5% -max 3%)
Have a good trade!!!!
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