Iteksignal indicator alerted to go Long today. In this case, be careful that there is a resistance level nearby that must be broken so that the signal is valid. So, the entry point is above 15500 not above the signal bar as usual.
The signal is void if price goes down below the low of the signal bar.
Consider this rule everytime the signal bar is close to a support/resistance zone.
The indicators does not replace common sense nor good trading practices.
See you in the next chart
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Now the Iteksignal is a Valid Trade
Resistance was broken
Iteksignal alert trend continuation Signal to confirm the previous one
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This is the profit projection of the BTCUSD trade the ab=cd structure is completed right in the all time high price level.
I will take partial profit at that level and adjust SL at last swing low.
Let`s see what happen !
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The trade is in progress.
Look at the 2 Iteksignal signs indicating the pullback they could be used to make a small profit 1:1 and then re-enter.