Chart Analysis: 1- Uptrend channel - VALID 2- Downtrend channel - EXPIRED 3- Tenkan > Kijun - VALID in H4 chart. 4- Price vs Kumo - Sideway in Daily chart / Downtrend in H4 chart / Uptrend in H1 chart. 5- Higher low in H4 chart - VALID since 22/12/2017
Trade Idea : Long entry setup has appeared in H4 chart but not a strong long entry. May take a trade with SL according to own MM. I take responsibility on my own trade.
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Update base on new structure..
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Overview on Daily Chart.
Trade geschlossen: Stop wurde erreicht
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BTCUSD breakdown triangle. Stop reached. Now BTC in downtrend in Daily/H4/H1 chart. Looking for retracement for short setup.