BTC fell through 28.5 local support! What now?!
Well, the idea for me is fairly straight forward.
Since we broke local suoport, we are headed down to the lower level of the channel.
this is when things get dicey. if it break down out of trend, i would personally wait for retest back up to execute a short entry!
Longs are just as simple. if/when we break current trend up, ill have a long placed with a 50% TP at strong resistance.
Since we broke local suoport, we are headed down to the lower level of the channel.
this is when things get dicey. if it break down out of trend, i would personally wait for retest back up to execute a short entry!
Longs are just as simple. if/when we break current trend up, ill have a long placed with a 50% TP at strong resistance.
Ride the waves
Ill take it as a sign were headed in that direction (;