XBTUSD Possible short term move!!!!

The chart is self explanatory, as we are expecting price to drop from the current level to test the other side of the channel where we have our BUY ZONE.

We have stop loss zone stated on the chart for sellers which mean any breakup above the level will implies huge success for buyers.

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade active:

We may follow this path

Trade closed: target reached:

All sell target achieved. wow!!!!!!!!!!!!!!!!!!!

Trade closed: target reached:

Possible upside reversal