Not short-term, this is a long-term position, so try not to enter BTCUSD at the moment of reading this. You always want to make sure you're catching a major pullback, so that you can ride the gains for as long as possible. These ascending triangles are presenting themselves on higher and lower timeframes, including my most used daily, 4h, and 1h. The ascending triangle is a bullish pattern, and I definitely intend on on reaping the benefits from the breakout. Trade wisely!
Trade stängt manuellt:
I had to profit what I could, saw momentum go towards the downside. For those types of scenarios, especially when it is long-term, it might seem impulsive but can still be calculated when patterns are broken like this instance.