Trading the Cup and Handle
Place a stop buy order slightly above the upper trend line of the handle. Order execution only occurs if the price breaks the pattern’s resistance. Traders may experience excess slippage and entering a false breakout using an aggressive entry. Alternatively, wait for ...
$BTCUSD long term trend has been reliable since June.
The shorter trend is more vertical and approaching a collision with resistance. If we can get past that resistance and stay on trend I expect ~$850 by year end.