BTCUSDT - 1H - Diamond pattern near breakout

25 Eyl 2022

We can see a diamond pattern is forming, this is a reversal structure.

Strategy is:

1) Wait for trendline breakout (near 19200)
2) Stop loss is last low (18510)
3) Ideal target is diamond height (near 20876)

Active managing the trade is needed.

Lets see!!

Please like and follow.

Best regards.

27 Eyl 2022

İşlem aktif

trade is active, i move SL to BE

27 Eyl 2022

İşlem kapandı: hedefe ulaştı

First target hit.
Second target not hit, close on BE.