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dulskilla
Nov 24, 2018 1:49 PM

BTC - LTF Triangle FORMATION Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

BTC forming a LTF (M30) ascending triangle:

- Buy along diagonal (~4230)
- Buy below the recent candle wick (~4210) // This would be the safest entry!

- Stop: ~4169 // Below the last diagonal touch...

Will watch price movement today! Watching for an upward price breakout...
- Watch for horizontal R/S flip for confirmation of breakout! (Target 1)

- Be careful with volatility and leverage
- Use lower leverage & tight stop loss!

Note: Weekly closes tomorrow...

Trade closed: stop reached

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